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Fairfax Financial unit acquires Asian Alliance General Insurance

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Fairfax Financial unit acquires Asian Alliance General Insurance

FairfaxFinancial Holdings Ltd. unit Fairfax Asia Ltd. completed itsacquisition of SriLanka-based Asian Alliance General Insurance Ltd.from Asian Alliance InsurancePLC.

Asian Alliance Insurance said Oct. 3 that it transferred allthe shares it held in Asian Alliance General Insurance, effective the same day.