AIG Talks Again to MetLife Over Unit: Reports

Embattled insurer American International Group(AIG Quote) is in discussions again with MetLife (MET Quote) about a deal for all or part of AIG's foreign life-insurance unit American Life Insurance, reports say.

The two companies held talks about a deal several months ago, but a deal wasn't reached, the Wall Street Journal reports, citing people familiar with the matter.

The talks over Alico, which operates in more than 50 countries outside the U.S., are preliminary and might not end in an agreement as happened earlier this year when the two sides squabbled over price, the Financial Times reports. Alico's largest operations are in Japan. ...