
Insurance
AIA completes Sovereign deal
Monday 2nd of July 2018
The $4.15 billion deal sees AIA acquire CommInsure in Australia and Sovereign in New Zealand.
AIA has entered a 20-year strategic distribution agreement with ASB.
AIA group regional chief Executive Bill Lisle said, “We are delighted to have completed our acquisition of Sovereign, which is set to significantly transform and expand our presence in New Zealand. We expect it will deli...
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