Saudi Arabian AIG Subsidiary Holds Strong
According to Arab News, despite the recent bailout of the US-based insurance company AIG, its Saudi Arabian counterpart has reportedly not felt the effects. According to executives of ALICO (American Life Insurance Company), a subsidiary of AIG, they continue to hold a “financially strong, well-capitalized” position.
ALICO is one of the largest international life insurance companies in the world offering life and health insurance products, pensions and annuities.
Brandie Gordon
