Former American International Group Inc. CEO, Maurice “Hank” Greenberg, is speaking up about the insurer’s recent business moves.
Greenberg told Bloomberg Television’s “InBusiness With Margaret Brennan” that AIG is making itself weaker through its recent sales, such as its agreement yesterday to sell Nan Shan Life Insurance Co. Ltd. to Ruen Chen Investment Holding Co. Ltd. The $2.16 billion sale of Taipei-based Nan Shan wasn’t “a great thing to do,” he said.
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