AIG completes sale of Travel Guard business to Zurich

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has finalized the sale of its global personal travel insurance and assistance business, including Travel Guard, to Zurich Insurance Group as of December 2, 2024.

The transaction excludes operations in Japan, AIG’s joint venture in India, and travel coverages under its Group Accident & Health business.

Evercore served as financial advisor, with legal counsel from Willkie Farr & Gallagher and Norton Rose Fulbright.