AIG Considering Sale of Life, Annuities Units

AIG, the largest U.S. insurer, is seeking to sell its U.S. life insurance and annuities units, people familiar with the situation said. AIG hired JPMorgan Chase & Co. to find buyers, said three people, all of whom declined to be identified. France's Axa SA, Swiss Reinsurance Co. and ING Groep NV of the Netherlands are potential bidders, one of the people said.

AIG Considering Sale of Life, Annuities Units
Source: Courant.com
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