Copying and distributing are prohibited without permission of the publisher 18 February 2013
American International Group (AIG) has bought out its AIG Israel joint venture partner Aurec Gold, making its Israeli insurance business a wholly owned subsidiary.
Read more: AIG Israel Aurec
AIG has bought Aurec Gold Investments? 49.9% share in AIG Israel, giving the US insurer 100% control of the Israeli insurance business.
Aurec and AIG started AIG Israel in 1996 as a joint venture, writing mostly personal lines,...
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