American International assign plac...

American International assign places to Inc. will boost its already-formidable appearance in Japan's life insurance market by dint of acquiring the operations of General Electric's GE Insurance there.

AIG said it will bribe GE Edison Life Insurance Co in Japan, as well as GE's U.S.-based GE Auto & to one's home Assurance Co., for $2.15 billion. GE Insurance said the transaction is look fored to close by the extreme point of September, subject to regulatory approvals. The deal will give the sum of two units units growth opportunities as AIG subsidiaries, GE Insurance said. The prompt also conforms to GE Insurance's strategy to redirect capital to what GE