SHANGHAI (Reuters) - China’s 3 trillion yuan ($440 billion) insurance industry was largely insulated from the U.S. subprime crisis that hit AIG (AIG.N: Quote , Profile , Research , Stock Buzz ) and other foreign firms, but the fallout ...

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However, AIG has said it plans to retain its U.S. property and casualty and foreign general insurance businesses, and plans to retain an ownership interest in its foreign life insurance operations. ...

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Risk Specialists Companies, Inc. (RSC), a subsidiary of AIG Commercial Insurance, today announced it is introducing a Takaful Homeowners Policy, the first installment in Lexington Takaful Solutions sm , a series of Shari’ah-compliant ...

AIG, once the world's biggest insurer, plans to sell most operations except for its worldwide property-casualty operations, a private client group, and a stake in part of its Asian life insurance operation, American International ...

Will Chinese insurance companies also try to transform the international financial crisis into an opportunity to win big? This past week there were rumors in the air that China Life Insurance Co. (NYSE: LFC) might possibly buy AIG’s ...

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While HSBC have said they have no plans to rush and buy up assets, Hutson believes that buying the Asia life business of AIG is a feasible measure to achieve its target insurance contribution of 20 percent. Hutson believes that HSBC has ...