AIG (AIG) begins the sale process for its prized Asian life insurance unit, and hopes to pull in...

|By:, SA News Editor

AIG (AIG) begins the sale process for its prized Asian life insurance unit, and hopes to pull in as much as $20B on the unit to help repay its government loans. Potential bidders include HSBC (HBC), Prudential Financial (PRU) and China Life (LFC).