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The British insurer is paying $402 million to the Canadian bank, which has agreed to sell certain Aviva products to its customers as part of a 15-year deal. (Image courtesy of Aviva)

(Bloomberg) — Aviva Plc, the U.K.’s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America.


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