Top 10 Insurance Companies in the World 2015

Posted in Top Brand Lists, Total Reads: 18943
Advertisements

6. AIA GROUP

AIA Group was founded by Cornelius Vander Starr in 1919 and has its headquarters in Hong Kong.


Mark tucker is the CEO of the company. It employees around 20k people. AIA Group Ltd. provides general insurance services. The company operates through the given segments: Thailand, Singapore, Korea, Hong Kong, Malaysia, China, Other Markets and corporate centre segment. The Corporate Centre segment consists of the group's shared services, corporate functions, certain internal reinsurance and eliminations of the intragroup transactions. Company was separated from the AIG group in 2009 under special purpose vehicle. It operates in 17 markets in Asia-Pacific – some of which are wholly-owned branches and some are subsidiaries .They are present in Thailand, Singapore, Malaysia, Hong Kong, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 26 per cent joint venture in India with a representative office in Myanmar. It has 97% subsidiary in Sri Lanka.

AIA offers Savings, Investment, Protection, Retirement benefits and Wealth management schemes for individuals. On the business side, AIA offers Credit insurance Employee benefits, and retirement services. Due to its emphasis in innovation, company has won numerous industry accolades such as Most Admired Brand by BrandAge. And Trusted Brand by Reader's Digest. The company is ranked 136 in the Forbes’s Global 2000 list of 2015.

It is ranked 6th on the basis of market capitalization of $76.7 B.