The agreement will offer DFC-backed reinsurance coverage on war risk insurance portfolios of up to $100m.
Virgin Money withdraws remote GP services from its package travel insurance policy, leaving policyholders to reassess their options.
Under the agreements, AIG bought roughly 35% of Convex for about $2.1bn and acquired a 9.9% holding in Onex for approximately $642m.
The acquisition of Myron K. Hobbs & Company supports Afore’s expansion into the US state and adds a new office location in the Louisville area.
