
Insurance
AIG looking to sell all of AIA in Asia Pacific
Thursday 26th of February 2009
The fourth-quarter loss is expected to be around US$60 billion, making it the biggest in corporate history.
It has been attempting to sell assets to repay loans to the United States government totalling US$150 billion. Reports out of the United States suggest that AIG is proposing additional ways to reduce its debt to the US government. These would include handing over stakes in some ope...
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