AIG, PICC Group ink deal to sell life insurance in China

American International Group (AIG) has signed an accord with Chinese state-owned insurer PICC Group to sell life insurance in the world’s second-largest economy, as the US insurer increases its bets in an underdeveloped market.

via Business feed http://www.scmp.com/business/companies/article/1088254/aig-picc-group-ink-jv-sell-life-insurance-china