AIA expands in Malaysia

AIA buys ING’s Malaysian insurance business for $1.7 billion

If approved, the deal will make AIA the biggest insurer in Malaysia, doubling the size of its business in the country.

<div style="text-align: left;"> AIA's Hong Kong headquarters building </div>

Nick Ferguson

October 12, 2012

AIA has become Malaysia’s biggest insurer after paying €1.33 billion ($1.73 billion) for ING’s insurance operations in the country.

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