Call Us +852 3113 1331
Aug
30

MetLife Gets Approval for ALICO, DelAm Takeover

The European Commission has given its approval for MetLife's purchase of AIG subsidiaries American Life Insurance Company (ALICO) and Delaware American Life Insurance Company (DelAm), as part of MetLife's takeover of AIG's international life insurance business. MetLife's…

Read more

Aug
09

MetLife Receives Regulatory Approval for Takeover of Hungarian ALICO Subsidiary

In part of its pending takeover of ALICO, MetLife has been given regulatory approval for the purchase of ALICO's local, wholly-owned subsidiary AHICO. The regulatory approval for transfer of AHICO is part of the deal between AIG and MetLife Inc., which will see MetLife…

Read more

Aug
03

MetLife Selling More Equity than Originally Planned for Alico Deal

American Insurer, MetLife Inc., will have to raise the amount of equity it is selling to finance its purchase of AIG's international insurance subsidiary, American Life Insurance Company (Alico), which it announced in March. The sale…

Read more

Apr
29

ALGICO ceases underwriting new casualty and property policies

Member of the American International Group (AIG), American Life and General Insurance Company (ALGICO) will no longer underwrite new casualty and property insurance policies in Trinidad and Tobago as of May 1, 2010. The decision to stop issuing new policies comes as a result of AIG subsidiary ALICO's…

Read more

Mar
26

MetLife planning to Cover the Middle East

Following its acquisition of American Life Company (ALICO), MetLife now aims to become a force in the Middle East, which had been missing from its portfolio of 18 countries.

Read more

Mar
17

AIA and Alico sales herald a New Life Insurance Market Era in Asia

Once the ink dries on the deals for AIG to divest American Life Company (ALICO) and American International Assurance Company (AIA), there will be a stakeholders shift in the Life Market in Asia, as observed by market analysts.

Read more