YOUR BUSINESS AUTHORITY
Springfield, MO
American International Group Inc. agreed to pay $5.56 billion for a Bermuda-based insurer and reinsurer.
The global insurance conglomerate announced today its definitive agreement to buy Validus Holdings Ltd. in an all-cash deal.
Among Validus' large product lines include property-catastrophe reinsurance for hurricanes and other disasters.
Read more from The Wall Street Journal.
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