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

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

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

Insurance
14 August 2026   First full quarter with Aspen dovetails with strong renewals; reinsurance revenue up 92%.
Insurance
14 August 2026   Property pricing under ‘pressure’ says CEO but sees upside from casualty, PVT.
Insurance
14 August 2026   Estimated losses from Middle East conflict come to roughly $75 million.