AIG unveils Bermuda run-off unit in posting Q4 miss
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AIG unveils Bermuda run-off unit in posting Q4 miss

AIG has formed a huge Bermuda-domiciled run-off vehicle called DSA Reinsurance Company (DSA Re) to house around 80 percent of the total life and P&C insurance reserves in its legacy division, backed by around $40bn of invested assets.

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