AIG, Berkshire Get $400 Million as Alleghany Deal Winds Down

AIG, Berkshire Get $400 Million as Alleghany Deal Winds DownBloombergTransatlantic Reinsurance Co., owned by Hicks's firm, will end contracts that covered asbestos-related illness and environmental liabilities, according to an Alleghany regulatory filing Tuesday. Alleghany will post a $20 million charge in the fourth …Alleghany Reaches Settlement Over Asbestos Reinsurance ContractsNasdaqAlleghany (Y) Unit Enters Communication, Release Agreement with AIG Property …StreetInsider.comTransRe and AIG in $400mn commutation dealThe Insurance Insider (subscription)all 5 news articles »