Thursday, September 18, 2008
AIA to Be Sold?
AIA's US parent AIG Inc was extended a lifeline by the Federal Reserve, a loan of US$85 billion for a 24-month term. In return, the Fed will own 79.9 per cent of the ailing insurance giant. But it is clear that AIG must sell assets to repay the very high interest loan. AIG has the best Asian insurance franchise in life and general insurance of any Western company. Companies named as possible buyers of AIG assets include Prudential, Munich Re and Allianz SE. So, are we really seeing the fall of AIA?
Subscribe to:
Post Comments (Atom)
Popular Posts
-
新加坡人口400万，亚洲人口4亿，全世界人口6亿。 但是，我一人可能就很有可能是世界最傻的了。我真是个不折不扣的大木头。真是受不了自己。
-
If you are working with PowerShell and need a fast way to list all files in a directory, including those buried in subfolders, this one-line...
-
I was at Bugis Junction today and saw 蘇打綠 (Soda Green) performing. They look so much different especially the lead singer. I find their song...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.