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American International Group (AIG) on Wednesday sold its holding of 1.1 billion Hong Kong-listed shares of China’s largest non-life insurer, exiting a six-year investment that barely broke even. AIG raised HK$3.8 billion ($484 million) from selling the stake in People’s Insurance Company of China (PICC), which accounts for 12.76% of state-owned PICC’s Hong Kong-listed equity, a transaction document seen by Caixin showed. The price represented a more than 5% discount to PICC’s Wednesday closing price. AIG and PICC didn’t respond to Caixin’s questions about the deal. AIG bought the PICC stake at $500 million in 2012 as one of the cornerstone investors in. The investment has provided AIG an average less than 1% annual yield if dividends are included, Caixin calculation showed.
Clean“Through the Cracks” examines mental health treatment/Re-thinking America, What to look for on Smart Talk Wednesday, November 14, 2018: WITF is. CD-ice: This is the first CD-I emulator. It was written by Pete Dabbs using his own code for BIOS made mostly from scratch and the Rise of the Robots game source code, thus no BIOS file is needed. At this point this emulator can only play 'Rise of the Robots.'
In 2013, AIG and PICC set up a joint venture insurer in China in which PICC holds 75.1% and AIG owns the remainder. Related: Support independent journalism from China.
A six-pack of Hurricanes notes on a Monday: ▪ Freshman defensive end Gregory Rousseau will be out indefinitely, possibly for the remainder of the season, after sustaining a fractured right ankle in Saturday’s game against Savannah State. UM announced Rousseau will undergo surgery this week. According to ekneewalker.com, “it is normal for patients to require 12 weeks before they can resume normal daily activities after having an ankle fracture surgically repaired.” UM said a timetable will be determined after surgery. ▪ Albeit against an undermanned opponent, UM saw flashes Saturday of how good the Will Mallory/Brevin Jordan tight end combination can be over the next several years. Jordan caught two touchdown passes and Mallory one. “I was really happy for them,” Richt said on WQAM’s Joe Rose show on Monday morning. “They are really good friends.
You’ve got two of the highest-rated tight ends in America coming in the same class and they could be saying ‘If he comes, I’m not coming’ or vice versa, but they were like, ‘Let’s come together and let’s be similar to what [Chris] Herndon and [David] Njoku did.’ And that’s how we’re using those guys. That’s how we will use them in the future. “It was very interesting to see the one touchdown pass, the first touchdown pass that Brevin caught, Will was actually in the game and he was the first one there to congratulate him. “They got to celebrate together on that touchdown. They’re kind of living the dream you hope when you get recruited — that ‘Gosh, we’re going to play as freshmen and we’re going to make plays’ and both of them caught touchdown passes and made a difference for the team. It’s pretty exciting to see those guys come in and do what we thought they could do.” I asked Jordan after the game what tight ends he likes to watch and emulate. He mentioned Tennessee’s Delani Walker (who suffered a dislocated ankle against the Dolphins on Sunday) and Kansas City’s Travis Kelce.
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Jordan’s experience running through the smoke and onto the Hard Rock Stadium field wasn’t quite as he envisioned. “Running out of the smoke [through] the tunnel, I couldn’t see nothing,” he said.
Keyshia cole new song. “I had to hold onto somebody. It was crazy. I was just scared I was going to trip and have anybody behind me falling.