Entries Tagged ‘China Life’:

The President of China Life Doesn’t Know Its Plans for AIG

I had to post this as an addendum to my post s few days ago about China Life acquiring AIG’s Asian assets. Apparently the president of China Life, Miao Jianmin, said Tuesday he is unaware of any plan by the company to buy a stake in American International Group Inc. (AIG). Hmm. Either something’s fishy [...]

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AIG’s Assets in Asia Up for Grabs By China Life?

Quite the fall for one of the biggest life insurance in the world just months ago. Apparently AIG is getting rid of all its non-essential assests, and China Life is there to snatch up AIG’s assets in Asia. Says a senior China Life manager briefed on the situation ‘”We want to buy parts of AIG’s [...]

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