IAG expands in Asia with Malaysian acquisition
Insurance Australia Group's Malaysian joint venture, AmG Insurance Berhad, has agreed to acquire Kurnia Insurans Berhad for RM1.55bn (€384m).
IAG will contribute 49%, in line with its ownership of AmG.
Mike Wilkins, CEO of IAG, said that the acquisition was "another important step in IAG's strategy to boost its Asian footprint" and would
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