AFG strikes $3.5bn all-cash deal to sell annuity business to MassMutual
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AFG strikes $3.5bn all-cash deal to sell annuity business to MassMutual

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American Financial Group has agreed to sell its annuity business to Massachusetts Mutual, becoming the latest publicly listed US carrier to divest all or part of its life insurance arm, as it looks to redeploy capital into property and...

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