• Sat
  • Sep 20, 2014
  • Updated: 4:44am

American International Group

AIG seen pursuing IPO for jet lessor ILFC as China deal stalls

American International Group is increasingly likely to pursue an initial public offering for its plane-leasing business after a deal with Chinese investors stalled, according to analysts who follow the insurer.

Friday, 2 August, 2013, 5:18am

Business Digest, January 14, 2013

NVC's former chief is back in the saddle

14 Jan 2013 - 3:01am

AIA shares fall on AIG stake sale

Shares of AIA declined yesterday after American International Group (AIG) priced the sale of its remaining stake in the Hong Kong-listed insurer near the top end of the indicative range.

19 Dec 2012 - 2:37am

AIG to offload remaining stake in AIA for US$6.5b

American International Group (AIG) plans to sell its remaining stake in Hong Kong-listed insurer AIA to raise up to US$6.5 billion, marking the end of the US financial group's almost century-old association with the Asian insurer.

18 Dec 2012 - 3:51am

New China Life joins ICBC to deny plan to join US$4.2b AIG deal

New China Life Insurance yesterday became the second company to distance itself from a US$4.23 billion deal billed as the largest Chinese acquisition of an American company.

It denied agreeing to join the consortium involved in the purchase of aircraft leasing company International Lease Finance Corporation (ILFC) from American International Group (AIG).

15 Dec 2012 - 4:15am

New China Trust Co in largest acquisition of US company

In the largest Chinese acquisition of an American company, a mainland consortium has offered to buy most of the world's biggest aircraft leasing company, International Lease Finance Corporation (ILFC). ILFC's parent, American International Group (AIG), is selling its stake to raise cash to repay US bailout money.

11 Dec 2012 - 3:22am

Business Digest, December 8, 2012

HKMA sells HK$3.875b to weaken HK dollar

8 Dec 2012 - 3:49am

Who said it?

I represent transparency and light. Everyone knows me. The [Muslim] Brotherhood represents darkness and secrets

Egyptian presidential candidate Ahmed Shafiq

I cannot see any potential candidate from our camp who thinks like a leader of a government

Pan-democrat lawmaker Ronny Tong Ka-wah

5 Jun 2012 - 12:00am

AIA profits jump on policy sales

Profits at AIA Group, the largest life insurer in Asia and Hong Kong, rose 24 per cent in the first half as a result of strong growth on the mainland, Thailand and Singapore.

The insurer reported net profits of US$1.31 billion for the six months to the end of May, with the gains mainly driven by a 32 per cent increase in the number of policies sold to US$399 million.

30 Jul 2011 - 12:00am

Taking stock of bonuses

High-level cash bonuses, who gets them and how much they are worth, has been a sensitive subject since the 2008 global financial crisis.

Reams have been written on the need to review how frontline staff of major financial institutions are paid high levels of variable compensation as a major contributing factor in their overall earning structure.

20 Jun 2011 - 12:00am