A new report published today by Standard & Poor's (S&P), the foremost worldwide insurance rating and information agency, affirms the life insurance industry outlook in the Asia- Pacific region as generally stable, although it warns short-term investment risks may arise. S&P now assert that the pronounced economic development in the region combined with macro regulatory improvements regarding solvency…

London-based Financial services company, Prudential P.L.C. is in talks over purchasing AIG's Asian life insurance business, American International Assurance. Although the deal has not been finalized yet, it would see Prudential buy American International Assurance or AIA for…