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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 ...
Ajit Jain resized with photo credit

Is Ajit Jain’s Plate Too Full? No, Buffett Says

Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about succession planning for subsidiaries. “There are no ...