IndiaInsurance
4th March 2010, 01:54 PM
The chief executives of Britain s Prudential Plc and American International Group met employees of the two firms in Southeast Asia on Thursday, in a bid to address concerns about the insurance industry s record M&A deal unveiled earlier this week. Prudential CEO Tidjane Thiam and his AIG counterpart Robert Benmosche spoke to employees in Malaysia in the morning, and were due to hold town hall meetings in Singapore in the afternoon. They are expected to visit Thailand on Friday. Prudential is buying AIG s Asian life insurance arm, American International Assurance (AIA), for $35.5 billion, in a big bet on soaring demand ...
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More... (http://in.biz.yahoo.com/100304/50/bav6g8.html)