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AIG to sell AIA to Prudential for $35.5bn

01 March 2010

American International Group (AIG) confirmed Monday that it is to sell its Asian life insurance business to Prudential for around $35.5bn.

Read more: AIG AIA Prudential Asian life insurance American International Assurance Robert Benmosche

American International Group (AIG) confirmed Monday that it is to sell its Asian life insurance business to Prudential for around $35.5bn.

The sale of the American International Assurance (AIA), one of the world’s largest pan-Asian life insurance companies, includes around $25bn in cash, $8.5bn in...


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