AIG poised to begin sale of Lloyd's of London insurer Ascot Re - the end

I note AIG has this afternoon announced it has sold Lloyd's of London underwriter Ascot to the Canada Pension Plan Investment Board for $1.1 billion.

Although the sale price is much higher than I reported today's deal announcement confirms my "scoop" from a few weeks ago was 100pc accurate.

Here is a link to my original story:..