Zurich Insurance Group AG is looking to buy companies to further boost its growing retail health, travel and wellbeing business, following the completion of the $600 million purchase of American International Group’s Travel Guard unit.

Zurich Insurance Group has completed the acquisition of AIG's global personal travel insurance and assistance business, including Travel Guard. The $600m deal, with an additional potential earn-out payment, was announced in June.

Zurich Insurance Group has acquired AIG's global personal travel business, including Travel Guard, for US$ 600 million.

This positions Zurich as one of the world’s largest travel insurers. Zurich Insurance Group acquired AIG’s global personal travel insurance and assistance business, including the Travel Guard brand, for $600m,

American International Group, Inc. (NYSE: AIG) today announced that it successfully closed the previously announced sale of its global individual personal travel insurance and assistance business, including Travel Guard,

Zurich Insurance Group (Zurich) has acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for $600m, plus a potential earn-out payment. The deal makes Zurich one of the largest travel insurers globally.

Zurich has acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for $600mn, plus a potential earn-out payment.

Zurich Insurance Group made headlines Tuesday with the completion of its $600 million acquisition of AIG’s personal travel insurance business, marking a significant milestone in the global insurance market.