Immediately prior to and after the rights offering, AIG will own 9.9 percent of shares in PICC P&C, a subsidiary of The People’s Insurance Company (Group) of China Limited.
Even though we can't see it reflected in AIG's share price yet. The future is bright and the share price will appreciate without a doubt. Just not today! Cheers
Hopefully they write policies over there with exemptions against claims caused by Government actions. Not a big fan of the government of China. Never had much trust for Communist totalitarians.