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Tycoon Richard Li to buy AIG's life insurance business in Japan

Wednesday, November 16, 2016 - 05:50

New York

HONG Kong tycoon Richard Li is poised to buy American International Group Inc's Fuji Life Insurance Co business, a deal that marks his FWD Group's first foray into Japanese insurance.

AIG will continue to offer property-casualty coverage in the Asian country, the New York-

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