American International Group has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, ahead of...
Hong Kong News
Canadian insurer Manulife Financial Corp and Switzerland’s Ace Ltd are among bidders for New York Life Insurance Co’s Hong Kong,...
American International Group is expected to decide by early next week whether to enter formal negotiations with strategic investors for...
HSBC is in talks to buy up to 70 percent of South Africa’s Nedbank, in a potential $6.8 billion deal...
A consortium of leading Chinese companies including Industrial and Commercial Bank of China Ltd, China Life Insurance Co Ltd, plans...
China modified rules to allow insurance companies to invest as much as three times the previous limit in overseas capital...
Insurer Prudential said its failed bid for AIG’s Asian unit will cost less than first expected, and confirmed that the...
American International Group Inc. reported a $2.7 billion quarterly loss compared to a net profit of $1.8 billion for the...
TPG Capital has completed the acquisition of Vertafore, a provider of software and services to the insurance industry. The deal...
Standard & Poor’s Ratings Services said today that its ratings on American International Group (AIG; A-/Negative/A-1) and AIG’s insurance subsidiaries...