American International Group (AIG) is seeking to raise about $190 million by selling its remaining shares in China’s PICC Property and Casualty Co Ltd, according to a term sheet of the deal seen by IFR on Saturday. AIG is offering …
American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended a deadline for a group of Chinese investors to buy the business. International Lease Finance Corp., the plane business owned …
American International Group Inc. reached a deal with People’s Insurance Company Group of China Ltd. for a joint venture to sell life insurance in China. AIG will contribute 24.9 million yuan ($4.1 million) and People’s PICC Life Insurance Co. unit …
