AFG acquires AIG’s $1.2bn-GWP crop risk unit for $240mn
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AFG acquires AIG’s $1.2bn-GWP crop risk unit for $240mn

Jairo Ibarra
May 03, 2023
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American Financial Group (AFG) has inked an all-cash deal with AIG to buy its Crop Risk Services (CRS) unit for $240mn.

Based in Decatur, Illinois, CRS is the seventh-largest provider of multi-peril crop insurance in the US, with around $1.2bn

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News M&A AIG
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Jairo Ibarra
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