News - Asia: IAG to acquire New Zealand’s AMI

Source: Asia Insurance Review | Jan 2012

Insurance Australia Group Limited (IAG) announced that it had entered into an agreement to purchase the AMI insurance business for NZ$380 million (US$290 million). The acquisition excludes all liabilities relating to the earthquakes which have affected the Canterbury region. It will be funded from internal resources.

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News - Asia: IAG to acquire New Zealand’s AMI

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