Aviva agrees to buy AIG's UK protection business for $563 million

Reuters
2023.09.25 06:08
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LONDON, Sept 25 (Reuters) - British insurer Aviva (AV.L) said on Monday it had agreed to acquire the UK protection business of AIGfor 460 million pounds ($562.81 million). The deal will add 1.3 million protection customers and 1.4 million group members, Aviva said, with the deal expected to close in the first half of 2024. ($1 = 0.8173 pounds)