Subsequent to the pull off of the deal by UK peer Prudential , the Italy's well-known insurer, Assicurazioni Generali , said that it was yet too early to confirm its deal, whether it was interested for American International Group's Asian assets.

Europe's third biggest insurer Assicurazioni Generali (GASI. MI) has decided to consider an acquisition looking at whether AIG decides to sell units rather than pursue an initial public offering for AIA Group Ltd.

In response to Corriere della Sera article regarding "circles close", a spokesperson of the Company said that it was still premature and that they might be interested in some of the AIA unit's businesses. Also, another report confirmed the termination of Prudential's agreement to buy AIA.

Too high prices have been indicated by the failure of Prudential's deal, due to which Generali is now left to think before it invests in the eastern markets of both Europe and Asia. Equita Sim Analysts said, "We think an acquisition over 1 billion Euros would require a capital increase. We think, however, that AIG is considering a listing more than a break-up".

The shares of Generali were up 2.57% at 0817 GMT, and the Stoxx 600 insurers' index .SXIP was up 2.17%.