A recent acquisition of American International Group Inc. is now aiming to sell insurance to insurers in Canada.
“In particular, Validus Reinsurance, Ltd. intends to provide in Canada treaty and facultative reinsurance of commercial property and casualty and specialty risks,” a recent notice said. “All classes of insurance will be limited to the business of reinsurance.” AIG has since repaid the government. It then branched out again last year by buying Validus Holdings Ltd., saying the acquisition would help it grow profits.
Ok...we've been getting robbed by the associates of AXA at MazonGroup forever...and now...a new bunch of thieves move in.
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