Insurance Post

AIG holds talks over RBSI buyout say sources

AIG has held preliminary talks with Royal Bank of Scotland about the buyout of the UK’s bank’s insurance operations, sources close to the situation told Reinsurance Magazine.

RBS, which owns the Direct Line, Churchill, Privilege and NIG brands, said in a statement today that it was looking the whole or part of its insurance brand as part of a £12bn capital raising.

The

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