Taiwanese regulators on Tuesday rejected Primus Financial Holdings’ planned purchase of AIG’s Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China. American International Group Inc. announced
said Tuesday that it would block the $2.15 billion sale of Nan Shan American International Groups life insurance unit on the island to a group of buyers tied to China, citing laws that limit investment from the mainland. The decision by the regulator,
American International Group has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, About four consortiums consisting of Chinese investors had approached AIG with offers to buy a stake in American International Assurance,
BRUSSELS: US life insurance giant MetLife won clearance from European Union regulators on Tuesday to acquire a unit of American International Group for 15.5 billion dollars (12.3 billion euros). The European Commission
early comment letter to the IASB that offers an alternative to the Premium Allocation Approach proposed in the Insurance Contracts Exposure Draft (‘the Exposure Draft’) circulated by the International Accounting Standards Board (IASB) on July 30th. The
evaluation business: MedJet Assist , AirMed , and a newcomer, On Call International , which previously only sold coverage to travel insurance companies as a wholesaler. Each program offers annual subscriptions and individual trip coverage options, but
A consortium of leading Chinese companies including Industrial and Commercial Bank of China and China Life Insurance, plans to bid for a 30 percent stake in American International Group That would mean an investment of about $10 billion based on AIA?s
Thursday, August 12, 2010
American International Group ( AIG ) is talking to potential investors to sell stakes in its Asian life insurance business AIA, ahead of a planned IPO of the unit. Investors including Temasek Holdings, China Investment Corp and Abu Dhabi Investment
Thursday, August 12, 2010
American International Group has started talks with potential investors to sell stakes in its Asian life insurance business AIA ahead of AIA’s planned I.P.O., sources with direct knowledge of the matter told Reuters. Several financial investors,
the art market recovered from the recession. American International Group Inc., up $1.03 at $40.93 The insurance giant said discussions of a government exit from its huge stake in the company are underway, and its insurance business improved. Washington