AIG considering sale of UK operations, says report

Troubled insurer American International Group is understood to be planning to sell some of its UK operations in a bid to repay its debt to the US Government, it was reported today.

The group, which is the world's largest insurer and employs 3,000 people in this country, was saved from the brink of collapse by a $85bn (€61.5bn) loan from the US government in the middle of last month.