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Richard Li to Buy AIG’s Remaining Asia Life Assets

Richard Li, who has struck a deal to buy AIG's remaining life assurance assets in Asia. Richard Li, who has struck a deal to buy AIG's remaining life assurance assets in Asia. Photo: AFP

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Huynh Thanh Phong, FWD’s chief executive, said the acquisition was a “strong foundation” for its entry into Japan. The business will maintain distribution agreements with AIG Japan.

AIG will continue to offer property and casualty insurance in Japan, where it is the largest foreign-based non-life insurer. Its history in the country goes back 70 years.

ambien 10 mg street price By Courtesy of FT

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