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Axis would be drawn to an insurer or reinsurer that would allow it to expand selective business lines and create a more efficient underwriting platform.
AIG would weigh acquisitions to bolster high-priority businesses, even as CEO Peter Hancock exits other units, the head of the companys commercial insurance operation said.
Users of Samsungs troubled Note 7 smartphone are urged to turn off and stop charging them by a U.S. safety agency as aviation authorities around the world order passengers not to use them during flights.
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