AIG starts disposing shares in Hong Kong business
American International Group has commenced a sale in Hong Kong of up to $2bn worth of ordinary shares of AIA Group by means of a placing to certain institutional investors.
AIG will use the net proceeds from the placing of AIA ordinary shares for general corporate purposes, which may include share repurchases or other capital management.
Immediately following the sale
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Crabb leaves Covéa among raft of schemes exits
Nicki Crabb is leaving Covéa as head of etrade and schemes trading, adding to a list of at least five who have left the insurer’s schemes business over the past few months.
Is aviation insurance entering a new era of risk?
How aviation insurers are navigating a rapidly changing risk landscape, from increasingly complex aircraft technology and composite materials to geopolitical conflict and cyber threats, is explored in the latest Insurance Post Podcast.
Court ruling puts focus on D&O risks of board secrecy
The Supreme Court’s Saxon Woods ruling highlights how covert boardroom dissent can translate into personal directors and officers (D&O) insurance exposure, according to Sam Cornelius, lead management liability underwriter at Rrelentless.
Brokers overwhelmingly favour MGAs with in-house claims teams
Research commissioned by Direct Commercial has found that brokers overwhelmingly favour MGAs with in-house claims teams.
Cyber insurance growth challenged as rates fall and AI evolves
Cyber demand is likely to keep growing as digital dependency increases, but Swiss Re has warned sustainable expansion requires clearer understanding of artificial intelligence-related exposures and pricing and limits that reflect the risk being assumed.
Winners of British Insurance Technology Awards 2026 revealed
Domestic & General, Mind Your Business Group (InsureTec.com) and DynaRisk were all two time winners at the British Insurance Technology Awards held last night (24 September) at The Brewery in London.
Why prevention, not just protection, is the future for UK insurers
View from the Top: Kannan Amaresh, SVP and global head of insurance at Infosys, argues that UK insurers are shifting from repairing losses to predicting and preventing them, and sets out what's needed to make that transformation stick.
Q&A: Matt Perkins, Hiscox UK
Matt Perkins, trading director, high net worth, art and collections at Hiscox UK, discusses underinsurance, first-generation wealth, and the changing shape of the HNW market.