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China consortium may bid for AIG’s Asian insurance unit
HONG KONG: A consortium of leading Chinese companies, including Industrial and Commercial Bank of China Ltd and China Life Insurance Co Ltd, plans to bid for a 30 per cent stake in American International Group Ltd’s Asian life insurance business, AIA, the 21st Century Business Herald reported [...]

Japan insurers chase Asian deals to boost growth
TOKYO: Japan’s life insurers are stepping out of their growth-strapped home market to chase investments in fast-growing Asia, taking on giants such as Britain’s Prudential plc and American Insurance Group Inc.
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