AIA Citi

Infographic: AIA + Citi = Asia covered

An infographic from data provider SNL Financial demonstrates the scope of AIA and Citi's bancassurance partnership.

Asian insurer AIA Group sealed a multi-billion dollar deal with New York-based Citi in December to distribute its policies across the region. 

AIA, which separated fully from bailed-out AIG in 2012, now has exclusive rights to distribute insurance products via its branch network in 11 Asia-Pacific markets to Citi’s corporate clients as well as to about 13 million retail cardholders and banking customers.

The deal turbo-charged AIA's strategy of deepening its bancassurance partnerships. Even though it had 120 bancassurance relationships as of May 2010, many were not exclusive, such as its tie-up with ICBC in China.

SNL's infographic shows how...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222