23-08-2016 20:26 via rocketnews.com

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.
CPPIB is also in talks to buy a related reinsurance company based in Bermuda, the WS
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