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Aviva Buys AIG’s UK Protection Business for £460 Million

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(Bloomberg) -- Aviva Plc is buying American International Group Inc.’s UK protection business for £460 million ($563 million) in a deal that would expand the UK insurer’s presence in the local market.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundCorzine Plans to Shut Hedge Fund an

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Aviva agrees to buy AIG's UK protection business for $563 millionLONDON (Reuters) -British insurer Aviva said on Monday it had agreed to acquire the UK protection business of AIG for 460 million pounds ($563 million).
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