AIA News
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Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources
Sep 22 2022 // AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the insurance giant seeks to boost its presence in Southeast Asia. AIA and MediCard are finalizing the...
AIA Weighs Purchase of Billion-Dollar Shanghai Tower as Its Expands Business in China
Aug 8 2022 // Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it expands business in China, according to people familiar with the matter. The Hong Kong-based insurer is considering...
AIA Group Agrees to Buy Bank of East Asia’s Non-Life Insurance Businesses for $278M
Mar 7 2022 // Bank of East Asia (BEA) said late on Friday it has agreed to sell its non-life insurance and healthcare services businesses to a unit of AIA Group Ltd. for an aggregate HK$2.168 billion ($278 million). BEA agreed to sell...
National African American Insurance Association Charters 3 New Chapters
Dec 21 2021 // The National African American Insurance Association (NAAIA) announced the chartering of three new chapters: Arkansas, Colorado and Los Angeles. The three new chapters join these 18 existing and pending chapters: Atlanta,...
Hong Kong’s AIA Group Sells Nearly $10 Billion of Coal Investments
Dec 7 2021 // AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure grows on financial firms to cut ties with the sector. The insurer completed the entire sale of...
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