AIG Euro Life (and I thought US life sales were bad)

AIG’s ‘Tainted Brand’ in U.K. Hurts Life Insurer Unit (Update1) – Bloomberg.com

American International Group Inc. suffered an 87 percent quarterly sales decline at its European life business as U.K. clients abandoned the firm, draining value from operations the insurer is selling to repay a U.S. bailout.

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