AIG Completes Sale of Mortgage Unit to Arch Capital for $3.4 Billion

American International Group said it has completed the $3.4 billion sale of its mortgage guaranty unit to Arch Capital Group. The deal to sell United Guaranty Corp. (UGC), first announced in August 2016, closed on Dec. 31. “With this transaction, …
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AIG Completes Sale of Mortgage Unit to Arch Capital for $3.4 Billion was originally posted by Insurance Super Feed