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International

Insurer IAG sees huge growth potential in Asia

May 25, 2015 Reprints

Insurance Australia Group Ltd. is building its presence in Asia, Asia Insurance Review reports.

Mike Wilkins, IAG's managing director and chief executive, has said that the insurer sees huge growth potential in the region. IAG is looking at a return on equity of over 15% from Asia by the end of its 2017 financial year, said Mr. Wilkins. "We've identified six target markets where we see enormous potential – China, India, Thailand, Vietnam, Malaysia and Indonesia," added Mr. Wilkins.

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Insurer IAG sees huge growth potential in Asia

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