Insurance Australia Group IAG (owners of Australian Insurance brands CGU, NRMA, SGIO, SGIC and Swann Insurance ) has announced a joint venture with State Bank of India, the jv is expected to begin trading in 2009.

CEO Micheal Wilkins said forming the JV was a significant step in achieving IAGs strategy to pursue selective international general insurance opportunities.

The jv will give IAG access to SBI’s 100 million customers, 11,000 branches.

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By The Quotesonline Team| 2014-11-11T06:41:27+00:00 March 31st, 2009|Insurance News, Insurers|
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