Insurance Australia Group - Operations - Asia

Asia

  • Safety Insurance, Thailand, held a stake in 1998, now holds 96% voting rights
  • NZI Thailand, acquired in 2003
  • AmAssurance, Malaysia, (49% ownership of AmG Insurance, which is part of AmAssurance)
  • India - Insurance Australia Group has a joint venture with the State Bank of India, India's largest and most recognised financial services organisation.
  • China - Insurance Australia Group owns CAA, the China Automobile Association, the largest roadside assistance provider in the country. IAG held a stake in CAA since 1999, increasing to full ownership in 2003.

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Famous quotes containing the word asia:

    [N]o combination of dictator countries of Europe and Asia will halt us in the path we see ahead for ourselves and for democracy.... The people of the United States ... reject the doctrine of appeasement.
    Franklin D. Roosevelt (1882–1945)

    I have no doubt that they lived pretty much the same sort of life in the Homeric age, for men have always thought more of eating than of fighting; then, as now, their minds ran chiefly on the “hot bread and sweet cakes;” and the fur and lumber trade is an old story to Asia and Europe.
    Henry David Thoreau (1817–1862)