AIG joins PICC in Life Insurance
AIG will be marketing life insurance policies in China through a joint venture that it established with the local giant People's Insurance Company of China Group (PICC). The American insurer will detain a 24.9% stake in the new company compared to 75.1% for PICC. Last December, AIG had strengthened its ties with PICC by investing 500 million USD.
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Tue, 30/07/2013 - 09:37
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