Asian insurer will not bid to takeover Prudential's Far East operations
AIA, the subject of a failed £22.5billion bid from UK insurer Prudential earlier this year, was believed to be looking to turn the tables with an approach that could spark a break-up of the UK insurer.
However, AIA boss Mark Tucker, previously the Pru’s chief executive, told The Express it is focused on organic growth and had "closed the chapter" relating to a possible deal with Prudential.
