Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 18, 2015 1:37 AM ET

Insurance

Company Overview of AIA International Limited

Company Overview

AIA International Limited offers insurance and investment-oriented products to high net worth customers. It offers life and accident insurance, as well as insurance against permanent total disability; and coverage for partners and key men in a business. The company has a strategic alliance with Action Holdings Financial Limited. AIA International Limited was formerly known as American International Assurance Company (Bermuda) Limited and changed its name to AIA International Limited in May 2013. The company was founded in 1967 and is based in North Point, Hong Kong. AIA International Limited operates as a subsidiary of American International Assurance Company Limited (Thailand).

12/F

AIA Tower

183 Electric Road

North Point,  

Hong Kong

Founded in 1967

Key Executives for AIA International Limited

Head of Risk
General Counsel
Controller and Director
Age: 56
Controller and Director
Age: 50
Controller
Compensation as of Fiscal Year 2014.

AIA International Limited Key Developments

Action Holdings Financial Limited Enters into Amendment to Strategic Alliance Agreement with AIA International Limited Taiwan Branch

On September 30, 2014, Action Holdings Financial Limited entered into an amendment to strategic alliance agreement with AIA International Limited Taiwan Branch. The purpose of the strategic alliance agreement is to promote life insurance products provided by AIATW within the territory of Taiwan by insurance agency companies or insurance brokerage companies affiliated with AHFL or CUIS. Pursuant to the alliance agreement, AHFL shall encourage any insurance agency company and insurance brokerage company owned by itself or the company and duly approved by the competent government authorities of Taiwan, to execute the related insurance brokerage or agent agreements with AIATW and assist such appointed broker/agent to negotiate the insurance contracts to be underwritten by the insurance company underlying such executed brokerage or agent agreements with AIATW. Pursuant to the amendment, the expiration date of the strategic alliance agreement has been extended from May 31, 2018 to December 31, 2020. In addition, both AHFL and AIATW agree to adjust certain terms and conditions set in the strategic alliance agreement, including the downward adjustment of the performance targets as well as the mechanism and formula calculating the Execution Fee to be refunded, if any. In addition, AHFL agreed to refrain from selling, pledging or transferring more than 30% of its holdings in law broker. If such sale of law broker securities does take place, AIATW may unilaterally terminate the strategic alliance agreement. Upon such a termination, the execution fee shall be recalculated based on formulas provided in the alliance agreement.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AIA International Limited, please visit www.aia.com.hk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.