NEW YORK, Dec. 3, 2024–(BUSINESS WIRE)–American International Group (NYSE: AIG) today announced the successful completion of its previously announced sale of its global personal travel insurance and assistance business, including TravelGuard. It was announced that. , transferred to Zurich Insurance Group on December 2, 2024.
As disclosed at the time of closing in June 2024, this sale excludes travel coverage provided through AIG’s joint venture agreements in Japan, India, and AIG Group’s accident and health business.
Evercore Group LLC served as financial advisor and Willkie Farr & Gallagher LLP and Norton Rose Fulbright LLP served as legal advisors.
About AIG
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG, through its operating and network partners, provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risk. For more information, please visit www.aig.com. This website containing additional information about AIG is provided as a convenience and the information contained on such website is not incorporated by reference into this press release.
AIG is the marketing name for American International Group, Inc.’s worldwide operations. All products and services are created or provided by American International Group, Inc. subsidiaries or affiliates. Products or services may not be available in all countries, jurisdictions, or territories. Subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property damage coverage may be provided by surplus lines insurance companies. Surplus insurance companies typically do not participate in state guarantee funds, so insureds are not protected by such funds.
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contact address
Quentin McMillan (Investor): quentin.mcmillan@aig.com
Claire Talcott (Media): claire.talcott@aig.com
