Invisible Insurrection
insurance-unit

MetLife set to buy AIG’s Alico unit: sources (Reuters)

March 7, 2010 by admin · Leave a Comment 

Reuters - AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15.5 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.

Excerpt from: 
MetLife set to buy AIG’s Alico unit: sources
(Reuters)

insurance-unit

AIG to get MetLife stake in $15 billion unit sale (Reuters)

March 7, 2010 by admin · Leave a Comment 

Reuters - AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15 billion in cash and stock, in a transaction that would ultimately leave it with more than 20 percent of MetLife, sources familiar with the matter said.

See the original post: 
AIG to get MetLife stake in $15 billion unit sale
(Reuters)

insurance-unit

IMF sees faster African recovery from economic slump (AFP)

March 7, 2010 by admin · Leave a Comment 

AFP - African economies are recovering from the global downturn faster than the International Monetary Fund’s forecasts, director Dominique Strauss-Kahn said Sunday.

Here is the original post: 
IMF sees faster African recovery from economic slump
(AFP)

insurance-unit

AIG sees $1.4 billion loss on Taiwan unit sale (Reuters)

October 15, 2009 by admin · Leave a Comment 

Reuters - American International Group Inc said on Thursday it expects to recognize a loss of about $1.4 billion on the sale of Nan Shan Life Insurance Co, its life insurance unit in Taiwan.

View original here:
AIG sees $1.4 billion loss on Taiwan unit sale
(Reuters)

insurance-unit

About 10 firms submit bids for AIG Taiwan unit: reports (Reuters)

July 3, 2009 by admin · Leave a Comment 

Reuters - About 10 global and Taiwan financial firms have submitted bids to buy troubled AIG’s Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch up to over $2 billion.

Original post: 
About 10 firms submit bids for AIG Taiwan unit: reports
(Reuters)

insurance-unit

About 10 firms submit bids for AIG Taiwan unit: reports (Reuters)

July 3, 2009 by admin · Leave a Comment 

Reuters - About 10 global and Taiwan financial firms have submitted bids to buy troubled AIG’s Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch up to over $2 billion.

Read the original:
About 10 firms submit bids for AIG Taiwan unit: reports
(Reuters)