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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Sunday, 5 October 2008
AIG to Sell 3 Life Businesses in Japan
AIG plans to sell its 3 life insurance businesses in Japan (American Life Insurance Co., AIG Star Life Insurance Co and AIG Edison Life Insurance Co) but to retain the property & casualty unit.The combined price for the sale could top $9.5 bil.
Source: Reuters
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.
Previous Posts
- Takaful Ikhlas to Apply for ICBU Licence
- Which Regulator to be Blamed for AIG's Crisis
- Plenty of Buyers for Philamlife
- Weak Investment Returns for Insurers
- Citibank to Distribute Secure Income Plus
- Aureos Capital Interested in Pacific Insurance
- MNRB's Regional Plan
- What Will AIG Sell?
- December Born Drivers Higher Risks
- Greenberg Plans to Sell AIG Stock
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