Vietnam AIA clients unaffected by Prudential takeover

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Prudential Vietnam has said all the benefits for AIA Group's clients in the country would be ensured after the acquisition of AIA by the British firm.

As the deal has not been completed, further announcements on the issue will be made later, the company said.

Prudential on Monday agreed to pay American International Group about $35.5 billion to acquire the group's Asian unit AIA.

The insurance sector's biggest ever takeover will transform Prudential into the world's top non-Chinese insurer by market capitalization, ahead of major competitors Allianz and AXA, according to AFP.

The Vietnam branch of AIA also confirmed that the benefits for its clients are guaranteed.

"No matter who becomes the manager, the interests of clients are still the priority," an AIA representative said.

Prudential's group chief executive officer Tidjane Thiam was quoted by AFP as saying Tuesday that Asia is the "most attractive opportunity" in the industry today. "Asia is the engine of the group's future growth, particularly the fast growing economies in Southeast Asia."

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