News Asia22 Sep 2017

Australia:AIA to buy Commonwealth Bank's insurance business for US$3 bln

22 Sep 2017

Hong Kong-headquartered AIA has reached agreement with Commonwealth Bank of Australia (CBA) for the former to buy CommInsure Life and Sovereign, CBA's life insurance business in Australia and life and health insurance businesses in New Zealand for A$3.8 billion (US$3 billion).

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.

Recent Comments

Other News

Follow Asia Insurance Review