According to the Asian Insurance Company AIA group of Asia, said this Friday that that their net profit for the last year were boosted to 54% when the weak U. S. Dollar motivated its investment gains and a new business arose.

After the AIA Group pooled in a stake of fifty eight percent, the American International Group received investment and orders of nearly one hundred and thirty billion US dollars. The deal that they struck has thus far already earned them eighteen billion dollars.

The IPO or initial public offering of the main Asian unit of American International Group Inc values the company at thirty decimal five billion dollars as stated by three officials aware of the matter.

On Monday, American International Group Inc.'s pan-Asian life insurance unit AIA Group Ltd. started keeping a track on the demand as its is heading to list its initial public offering on Honk Kong stock exchange.

After investors called for Prudential Plc Chairman, Harvey McGrath and Chief Executive Officer, Tidjane Thiam to quit, the former defended the British insurer's failed $35.5 billion takeover of AIA Group Ltd. .

It has been revealed that regulators in South Korea and Vietnam are investigating the Prudential PLC's US$35.5 billion bid for American International Group Inc.'s Asian life-insurance business. They are the only ones across Asia that are giving attention to the antitrust implications.