Zurich Insurance completed the acquisition of the global personal travel insurance business from AIG for $600m.

Zurich Insurance, a Swiss insurance company, completed the acquisition of the global personal travel insurance business from AIG, a finance and insurance corporation, for $600m. "Travel insurance is a priority for us. This transaction is a great strategic fit, which enhances Zurich’s existing capabilities and makes us a leading travel insurance provider across all regions. The acquisition expands our retail customer base and aligns with our ambition to continuously enhance our offerings, while providing world-class protection during every step of our customers’ travels.," Cara Morton, Zurich Global Ventures CEO.