Newswires
AIG To Sell Fuji Life
BEIJING, November 15, SinoCast -- AIG agreed to sell Japan's Fuji Life Insurance Company to FWD Group, affiliated to Richard Li's PCCW.
AIG, based in New York, said on Monday it will continue to provide property insurance services in Japan; the terms of the deal were not disclosed.
Peter Hancock, chief executive of AIG, is continuing to sell assets to streamline AIG's operations and free up capital for stock buybacks.
L&T Infotech Awarded Multi-Year Applications Managed Services Contract by Hartford Steam Boiler (HSB)
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