UK life insurer looking at assets “across the board.”
Prudential, the UK life insurer, is running the rule over the global assets of stricken insurer AIG, according to a report in the Financial Times.
Prudential had already acknowledged its interest in AIG’s Asian life operations, and has now confirmed a wider appetite.
Prudential chief executive Mark Tucker told the FT: “I think you would expect us to look at the assets in AIG as they go through their disposal process.”
Assets on the block are thought to include AIG’s life operations. The insurer has repeatedly denied plans to sell its UK general insurance business.