Skip to main content

AIG Sells Asian Life Unit to Prudential Plc for $35.5 Billion

According to Bloomberg, American International Group Inc (AIG) has agreed to sell an its Asian life insurance unit (AIA) with 20 million customers to Prudential Plc, Britain’s biggest insurer, for $35.5 billion. This M&A news has fuelled overall market sentiments in a positive way.

Slightly more than a month ago, Prudential also expressed interest and bought over Singapore's United Overseas Bank (UOB) life assurance unit. Prudential looks to have huge cash reserves.

AIG Sells Asian Life Unit to Prudential Plc for $35.5 Billion [via]

Popular Posts

Ho Ching named 5th most powerful and is mistaken as first lady by Forbes

Forbes named Singapore Prime Minister wife and CEO of Temasek Holdings, Ho Ching, as the 5th most powerful woman in the world. Ho Ching is mistaken as Singapore's first lady! OMG!

I wonder how can Forbes makes such a blunder. For a complete list, refer to here.

How to stop FortiClient from starting automatically?

Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed me. Attempt to stop 'FortiClient Service Scheduler' only return 'Parameter is incorrect' error message.

An article on Technet help solve my trouble. To stop FortiClient from starting automatically, try the following:
Shut down FortiClient from the system tray.
Run net stop fortishield on command prompt.
Run msconfig.
On msconfig, switch to the Services tab. Clear the FortiClient Service Scheduler check box and click Apply.Run services.msc on command prompt to open up show all available services.Look for FortiClient Service Scheduler. Switch Startup type to Manual.Restart your computer. FortiClient should not be running automatically the next time round. Hope it helps.