AIG (AIG) Seeks IPO For Asian Unit AIA Group
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American International Group, Inc. (NYSE: AIG) announced it will accelerate steps to position American International Assurance Company, Ltd. (AIA Group) as an independent entity and seek a public listing on an Asian stock exchange for the AIA Group, depending on market conditions and subject to regulatory approv.
The AIA Group is a leading life insurance organization in Asia.
Through an extensive network of 250,000 agents and 20,000 employees across 13 geographical markets, the AIA Group serves over 20 million customers in the region.
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