Aig, Life Insurance | featured news

AIG to name ex-Pru CEO to head AIA unit: source

American International Group Inc is expected to name former Prudential Plc Chief Executive Mark Tucker as head of AIA, as it prepares the Asian life insurance unit for an initial public offering, a source familiar with the matter said on Sunday.

 

AIG crisis could be tip of an insurance iceberg

The company's situation reflects problems throughout the life insurance industry as investments suffer. Further strain could bring about a second financial crisis.

 

Subscribe to this RSS topic: Syndicate content