« Munich Re is to get insurance business in the East Europe and Asia - Aviva has created global business - Aviva Investors »

AIG is not going to sell business in Kazakhstan

30 September 2008

Largest American insurance company American International Group (AIG) does not plan to sell the business in Kazakhstan - AIG Kazakhstan.
As it has been mentioned in the AIG’s report, the American insurer officially informs, that business AIG in Kazakhstan is not on sale. The company is stable, successful and financial steady, reserving leading positions in many sectors of the Kazakhstan market of the general insurance. it is also marked In the message, that opportunities of the company to work in a former mode have not undergone to change in connection with last market events.
Earlier Financial Times has informed that AIG is ready to sell a part of actives for returning to US Federal reserve system (FRS) a loan at the rate of 85 billion dollars. Thus, in the middle of September FRS has given AIG the credit on the security of 79,9 % of shares to prevent bankruptcy of the insurer.


Related posts:

Leave a reply

You must be logged in to post a comment.