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Aon sells Combined to Ace

Aon Corp, the world's second-largest insurance broker, is selling Combined Insurance Company of America, an accident, health, and life insurer, to US insurer Ace.

Ace expects to more than double Combined's revenue growth within a few years.

The sale includes the UK subsidiary Combined Insurance, which may be kept separate at first, but in the longer term merged into Ace’s UK  insurer.

 

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Aon sells Combined to Ace
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