century-old insurer

Reinsurer acquired by AIG plans foray into Canadian market

Reinsurer acquired by AIG plans foray into Canadian market

A recent acquisition of American International Group Inc. is now aiming to sell insurance to insurers in Canada.Bermuda-based Validus Reinsurance Ltd., whose parent company was bought by AIG for US$5.56 billion last year, is eyeing a Canadian branch, according to notices given in the Canada Gazette.New York-based AIG already operates in Canada through a subsidiary,…