Australian insurer invests in China

    August 26, 2011 | BY

    clpstaff &clp articles

    Insurance Australia Group (IAG) has acquired a 20% stake in Chinese insurer Bohai Insurance (Bohai) for A$100 million (US$104.5 million). Established in…

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    Insurance Australia Group (IAG) has acquired a 20% stake in Chinese insurer Bohai Insurance (Bohai) for A$100 million (US$104.5 million). Established in 2005, Bohai is primarily a motor insurer selling