Group chief executive Ng Keng Hooi said the deal would ‘transform AIA’s businesses in Australia and New Zealand’. Photo: Edmond So

AIA pays US$3 billion for CBA insurance unit in Australia and New Zealand

Deal, expected to be completed next year, will make AIA the largest life insurer in Australia and Newland

Topic |   AIA

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Group chief executive Ng Keng Hooi said the deal would ‘transform AIA’s businesses in Australia and New Zealand’. Photo: Edmond So
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.