AIG to Sell $6 Billion In Asian Insurer's Stock.

The article reports that insurance corporation American International Group Inc. (AIG) has begun selling six billion dollars' worth of stock shares in the Asian life insurance company AIA Group Ltd. on March 5, 2012. The sale is part of AIG's efforts to repay a 182.3 billion dollar bailout package received from the U.S. government in 2008. The 1.7 billion shares being sold are noted as representing approximately 14 percent of the AIA company.