New Zealand's ratings incorporate rating enhancement from AIA
, one of the world's largest life insurance groups.
Moody's said AIA
has maintained a "strong track record" of earnings over the past few years, despite market volatility and low interest rates.
has been consistently prudent in managing its investment portfolio.
'The excellent performance of AIA
for the past year reflects the Group's financial strength and the quality of its people.
Spiering, HGA Architects and Engineers (AIA
The deeply embedded conventional wisdom is that the AIA
We started at the bottom of the pack when we joined AIA
two years ago, and now, other countries are looking up to us.
For expenditure incurred on or after January 1, 2013, the maximum annual AIA
is now PS250,000, a figure which will stay in place for a two-year period before going back to PS25,000 for expenditure incurred after January 1, 2015.
The partnership will build strong relations between AUD and AIA
ME and develop academic and cultural interchange in the areas of education, and research among others, said the officials at the signing ceremony held at the newly-inaugurated Glass House on campus.
AIG started divesting its shareholding in AIA
after the unit's initial public offering in October 2010.
According to informed sources cited by Reuters, the US insurer is selling its 13.69%, or 1.65bn shares, in AIA
for a price per share of between HKD29.65 (USD3.83/EUR2.91) and HKD30.65, standing to raise as much as USD6.5bn (EUR4.9bn) from its exit.
Summary: US insurance giant American International Group (AIG) will sell its remaining stake in Asian insurer AIA
, in a deal that could raise up to $6.5 billion.