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The company will focus on life insurance and property insurance despite that it meets great challenge in the global financial market currently, revealed people close to AIG. And it will unveil a restructuring plan on September 25.
AIA and AIU, the life insurance unit and property insurance unit AIG set up for the exploration of markets overseas, have made a long-standing reputation in the Chinese market. Both AIA and AIU are the premium assets of AIG as they enjoyed stable growth in the past few months despite of the US subprime crisis. And both investors and consumers of AIG in China care much is not the company's restructuring but is what impact the restructuring may deliver to its subsidiaries in the country.
From www.cnstock.com, Page 1, Wednesday, September 17, 2008 info@SinoCast.Com
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