AIG to acquire portion of Hamilton for $110mn

AIG has agreed to acquire Hamilton USA for around $110mn as part
of a broad cooperation agreement with Hamilton Insurance Group that
paves the way for the Bermuda-domiciled carrier's chairman and
CEO Brian Duperreault to move to head up the insurance giant.
AIG also said it had entered into a long-term reinsurance
partnership with Hamilton Re.
The P&C giant added that it would enter into a deal with Two
Sigma Insurance Quantified - the data business founded by
Duperreault along...