The StockRover.com is speculating that
AIG may be the next to move for
Suncorp Group’s life business.
According to the website’s report, AIG has met with local Australian investment banking advisers and life insurance industry players while it considers the potential acquisition.
AIG executives have reportedly expressed their intent to focus on the Australia market as part of a global inorganic growth strategy.
Related stories:
AIG expects US$3 billion in earthquake, hurricane losses for Q3
AIG unveils massive restructure plans
