	i u international iu to sell insurance units i u international co said it reached a preliminary agreement to sell the hawaiian insurance cos to hawaiian electric industries inc he terms of the transaction were not disclosed the company said the transaction is subject to the execution of definitive agreements certain governmental approvals and approvals by the boards of directors involved i u international said hawaiian electric said the planned purchase was part of its strategy to increase the company s investment in selected service industries in hawaii including financial services reuter 
