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24 January 2018

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AIG Japan to merge two local units

Bernard Goyder 14 February 2017

AIG Japan said it will consolidate two wholly owned subsidiaries into a single company by next January.

The Japanese division of the American carrier said it would complete the merger of AIU Insurance Company and The Fuji Fire and Marine Insurance by 1 January, with the companies consolidating operations under a "pre-merger structure" from April.

The US carrier, which today releases its fourth quarter results, will call the merged entity AIG General Insurance.

AIG General Insurance will be led by...

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