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Fairfax nabs a bundle of AIG insurance businesses Add to ...

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Fairfax Financial Holdings Ltd. is picking up pieces of American International Group Inc. in a move that recalls the aftermath of the financial crisis.

After making money betting that financial services companies would struggle ahead of the 2008 financial meltdown, the Toronto-based insurance and investment company is buying some of New York-based AIG’s businesses as it continues to restructure.

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