AIA Buys Commonwealth Bank of Australia’s Life Insurance Business for A$3.8B

AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion), in its most ambitious foray beyond the Hong Kong-based company’s core markets in Asia. AIA will team up with Commonwealth …
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AIA Buys Commonwealth Bank of Australia’s Life Insurance Business for A$3.8B was originally posted by ClaimsMate.com Insurance Information Resources