China Life Insurance Group Co. (LFC) and American International Group Inc. (AIG) are in talks, but there are no results yet, China Insurance Regulatory Commission Vice Chairman Li Kemu said Thursday.

"We are waiting for the results of the talks," Li said, speaking to reporters on the sidelines of a news conference. He didn't say what the two companies were talking about.

Cash-strapped AIG is in the midst of taking bids for its Asian unit American International Assurance Co., or AIA.

-By Aaron Back, Dow Jones Newswires; 8610 6588-5848; aaron.back@dowjones.com