Axa, Metlife close in on AIG's life units - reports
French insurer Axa and US insurance giant Metlife have both approached AIG about buying its life insurance unit American Life Insurance (ALICO), according to press reports.
Bloomberg said that AIG has been "soliciting bids" for the unit - and is also trying to sell a 49% stae in American International Assurance Company.According to the newswire, AIG received a
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