American International Group, Inc. (AIG) recently entered into a definitive agreement to divest its global individual personal travel insurance and assistance business. It has agreed to sell the business for $600 million cash coupled with additional earn-out consideration to Zurich Insurance Group. The sale is expected to be completed by the end of 2024, pending closing conditions and regulatory approvals.The sale agreement contains its Travel Guard line and servicing capabilities, barring Japan and its joi ...