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Munich Re interested in AIG Asia life operations

The firm is looking to expand its primary insurance unit in Asia, including in China and South Korea. -Reuters

Tue, Nov 25, 2008
Reuters

HONG KONG - Munich Re is interested in parts of American International Group's Asian life insurance business, a member of the German firm's management board said on Tuesday.

"We are looking at AIG life operations in the Asia region," Ludger Arnoldussen, a member of the management board of the world's biggest reinsurer, told a media briefing in Hong Kong.

Arnoldussen also said the firm is looking to expand its primary insurance unit in Asia, including in China and South
Korea.

 
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