Aon insurance brokerage is selling its two insurance companiesfor close to $3 billion to ACE Limited and Munich Re Group in anall cash deal.

Analysts and rating firms saw the deals as a positive for allthe parties involved.

Chicago-based Aon said it will sell Combined Insurance Companyof America, based in Glenview, Ill., for $2.4 billion in cash toBermuda-based ACE. Combined Insurance is an underwriter anddistributor of specialty individual accident and supplementalhealth insurance.

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