9 December 2015Insurance

AIG to sell PICC P&C shares, but will still be largest holder

American International Group (AIG) has priced the sale of 361 million ordinary H shares of PICC Property and Casualty Company (PICC P&C) by means of a placing to certain institutional investors.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Markel expands professional liability with media and entertainment coverage

15 May 2026 Combined policy now for professional liability, cyber, media and general liability.

Lloyd’s warns syndicates on happy-go-lucky downhill market ride

15 May 2026 The pace of rate decline looks ‘a little brutal’, top-line pressures too palpable.

With US flows threatened, Lloyd’s loses patience for tag-along syndicates

15 May 2026 If your syndicate isn’t a flow-drawing, price-setting lead, it may be part of a problem.

More articles

Chubb, Fidelis set back on bid for quick Russia aircraft recoup

US transportation reinsurance to tighten, rates to rise after landmark Supreme Court ruling

Well-behaved UK buyers benefit from soft pricing across the board: Gallagher

Moody’s executive James Eck dies unexpectedly aged 55

Iran war impact won’t touch Lloyd’s of London £50bn capital reserves, says Turk

Marine war, systemic cyber, a widening gap between lead and follow: Pelagos

Markel expands professional liability with media and entertainment coverage

Lloyd’s warns syndicates on happy-go-lucky downhill market ride

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze