Hong Kong float by the year end to raise $15bn

AIG is reviving its IPO for its Asian life insurance business, AIA, Reuters reports.

Bankers said the IPO, which could be completed by year-end, is targeting raising around $15bn. That would be the biggest ever IPO done solely in Hong Kong.

Before the IPO formally kicks off, AIA would have to fill the gaps in its management team as its chief financial officer and chief legal counsel quit during the Prudential bid.

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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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