Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Friday, 26 September 2008
Greenberg Plans to Sell AIG Stock
Maurice "Hank" Greenberg said he plans to sell shares of AIG for "liquidity and other purposes". He will sell the stock in the open market.Greenberg owns 10% of AIG and he plans to "decrease his holdings materially".
It is estimated that Greenberg's AIG shares have lost US$2.4 bil in value since October last year.
Source: The Star
Labels: AIA/AIG
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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