AIG in talks to sell Lloyd's insurance business to CPPIB - WSJ

(Reuters) - American International Group Inc is in early talks to sell Lloyd's of London Ltd's [SOLYD.UL] insurance operations to Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported on Tuesday. If the deal comes through, it could fetch the insurance conglomerate hundreds of millions of dollars in proceeds, the Journal reported, citing people familiar with the matter. AIG and CPPIB declined to comment.