bigstock-Satin-China-flag-20611064

AIG Is Selling $1.2B Stake in Chinese P/C Insurer

American International Group is offering for sale about $1.2 billion worth of shares in China's PICC Property and Casualty Co Ltd (PICC P&C) in a block deal, IFR said on Saturday, citing a term ...
Inscription "Financial results" on PC screen. Financial concept.

Swiss Re Bulks Up Reserves as Profit Declines

Swiss Re AG, the world’s biggest reinsurer, reported lower first-quarter profit as the company bulked up its reserves and pricing in the industry remained under pressure. Net income dropped to ...