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On 21 September 2017 CBA announced that it had agreed to sell Sovereign, as well as its Australian insurance business (CommInsure) to AIA Group for AUD $3.8 billion. This sale was successfully completed on 2 July 2018. [2] AIA New Zealand and Sovereign continued to operate as two separate brands until 5 August 2019.
Tower’s signature self-service digital platform, My Tower, was first launched in New Zealand in late 2019. [8] In March 2022 Tower launched My Tower in Fiji. [9] My Tower is the first insurance online portal in the Pacific that allows people to pay their insurance premiums, lodge a claim, get a quote, update their personal details, purchase a policy and view their insurance policies.
AIA Group Limited, [3] often known as AIA (Chinese: 友邦保險; pinyin: Yǒubāng Bǎoxiǎn; Jyutping: Jau5 bong1 bou2 him2), is a Hong Kong–based multinational insurance and finance corporation. It is the largest publicly traded life insurance group in the Asia-Pacific region.
AA Insurance is an independently operated, New Zealand-based joint venture between the New Zealand Automobile Association (NZAA) and Suncorp Group. The company offers home, contents, car insurance, and small business insurance. Launched in 1994, the company underwrites its own policies and sells direct to New Zealanders.
Ping An Insurance China: 937.0 5 China Life Insurance China: 900.5 6 Axa France: 846.3 7 Legal & General United Kingdom: 786.1 8 MetLife United States: 759.7 9 Nippon Life Japan: 725.0 10 Manulife Financial Canada: 718.1 11 Assicurazioni Generali Italy: 663.9 12 American International Group United States: 596.1 13 Life Insurance Corporation ...
Wilson joined National Mutual, an insurance business based in New Zealand in 1987, and progressed through the management structure. [5] He became chief executive of AXA Southeast Asia in 2001, chief executive of AXA Hong Kong in 2003 and chief executive of AIA in March 2009. [5]
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