type public traded as sehk 1299 industry insurance and financial services founded 1919 ; 97 years ago 1919 founder cornelius vander starr headquarters aia central 1 connaught road central hong kong area served asia pacific key people mark tucker group chief executive and president products life insurance accident and health insurance savings plans employee benefits credit life and pension services total assets us 172 billion as of 31 may 2015 1 website aia.com aia group limited 2 known as aia chinese is the largest independent public listed pan asian life insurance group . it has a presence in 18 markets in asia pacific wholly owned branches and subsidiaries in hong kong thailand singapore malaysia china korea the philippines australia indonesia taiwan vietnam new zealand macau brunei a 97 % subsidiary in sri lanka a 26 % joint venture in india and representative offices in myanmar and cambodia . aia traces its roots back to 1919 when an enterprising young man named cornelius vander starr opened an insurance agency in shanghai china . vander starr eventually expanded his business throughout asia the us and worldwide . in 1945 he relocated his head office from shanghai to new york after a forced exit from mainland china . thus the asian aia became a subsidiary of new york based american international group aig . in 2009 aia split from aig after it was finalized that aia as well as alico another aig subsidiary were placed under the administration of a special purpose vehicle in exchange for the federal reserve bank of new york . 3 aia was planned to be listed in hong kong stock exchange in april 2010 . however in march 2010 prudential plc a uk based financial services and securities company announced that it would buy aia for us 35.5 billion . 4 the purchase later fell through and aia held an ipo in october 2010 raising approximately hk 159.08 billion us 20.51 billion the world s third largest ipo ever . 5 in september 2012 aia agreed to acquire a 92.3 % stake in sri lankan insurer aviva ndb insurance from british insurer aviva and sri lanka s national development bank ndb . in addition aia entered into an exclusive 20 year bancassurance agreement with ndb one of sri lanka s largest financial conglomerates with a nationwide bank branch network . 6 in october 2012 aia announced that it had reached an agreement to acquire ing group s malaysian insurance subsidiaries for a cash consideration of 1.336 billion us 1.73 billion . 7 in december 2012 aia was informed by aig that aig had entered into a placing agreement to sell all of its ordinary shares of aia at a price of hk 30.30 per share . upon completion of the placing aig fully divested its previous 13.69 % aia share holdings . 8 on 15 august 2013 aia had become english premier league football club tottenham hotspur s cup shirt sponsor for the 2013 2014 season . 9 in december 2013 aia and citibank reached an agreement on a landmark exclusive bancassurance partnership that encompasses 11 markets in the asia pacific region . the markets included in the agreement are hong kong singapore thailand china indonesia philippines vietnam malaysia australia india and korea . 10 in february 2014 the insurer announced that it entered into a five year major partnership with tottenham hotspur . under the agreement the aia brand will feature on the shirts of spurs players in all competitions until the end of the 2018 2019 season . 11 in june 2014 aia singapore was named best employer to work for in asia and received the award from hr asia . 12 see also edit list of insurance companies in hong kong references edit aia fact sheet . aia group limited . retrieved 2015 09 23 . aia corporate facts . http ir.aigcorporate.com phoenix.zhtml c 76115 & p irol newsarticle & id 1360144 & highlight prudential plc to buy aia for 35.5 billion to expand in asia . businessweek . archived from the original on 4 april 2010 . retrieved 2010 03 01 . aia s successful listing on the hong kong stock exchange pdf . 19 october 2010 . aia acquires leading sri lankan insurance company pdf . 27 september 2012 . aia extends pan asian leadership position with acquisition of ing malaysia pdf . 11 october 2012 . aig divests remaining holding in aia marking a milestone in aia s history pdf . 18 december 2012 . aia announces sponsorship of tottenham hotspur football club pdf . 15 august 2013 . aia further strengthens pan asian leadership through exclusive long term bancassurance partnership with citibank in 11 markets pdf . 19 december 2013 . aia group enters 5 year major partnership with tottenham hotspur football club pdf . 13 february 2014 . singaporean employers setting clear expectations but need to build trust . the business journals . retrieved 2015 07 10 . external links edit hong kong office of commissioner of insurance hong kong securities and futures commission aia group limited aia australia aia china aia hong kong aia indonesia aia malaysia aia new zealand philam life aia singapore aia south korea aia sri lanka aia taiwan aia thailand aia vietnam v t e major insurance and reinsurance companies insurance composite aegon ageas aig allianz allstate aon aviva axa china pacific insurance china taiping generali ing japan post insurance national mutual insurance federation of agricultural cooperatives ping an insurance prudential plc pzu state farm insurance the hartford unipol unipolsai usaa vienna insurance group zurich insurance group farmers insurance group general insurance berkshire hathaway bnp paribas bradesco seguros direct line group hyundai marine & fire insurance if p & c insurance insurance australia group liberty mutual mapfre ms & ad insurance group picc qbe insurance rsa insurance group samsung fire & marine insurance sompo japan tokio marine travelers xl group life insurance aia aviva bupa china life cnp assurances dai ichi life great eastern jackson legal & general lic india lincoln manulife financial meiji yasuda life metlife new york life nippon life northwestern mutual old mutual phoenix group prudential financial samsung life scottish widows standard life sumitomo life sun life swiss life taikang life reinsurance gen re hannover re lloyd s of london munich re reinsurance group of america scor swiss re xl group methodology applicable fy2013 14 revenues of over us 3 billion v t e hang seng index companies of hong kong finance hsbc holdings hang seng bank bank of east asia hkex china construction bank aia industrial and commercial bank of china ping an insurance boc hong kong holdings china life insurance company bank of communications bank of china utilities clp holdings hong kong and china gas power assets holdings china resources power property henderson land development sun hung kai properties new world development sino land hang lung properties china overseas the link reit china resources land ck property commercial and industrial ckh holdings wharf holdings hutchison whampoa swire pacific mtr corporation kunlun energy china merchants want want china citic limited china resources cathay pacific tingyi esprit holdings sinopec li & fung tencent holdings china unicom cnooc limited petrochina china mobile hengan china shenhua belle galaxy entertainment sands china lenovo mengniu v t e s & p asia 50 companies aia group boc hong kong holdings cathay financial holding china construction bank china life insurance china mobile china petroleum & chemical china steel chunghwa telecom ck hutchison holdings clp holdings cnooc limited ctbc financial holding dbs group delta electronics formosa chem & fibre formosa plastics fubon financial holding galaxy entertainment group hang seng bank hon hai precision industry hong kong and china gas hong kong exchanges and clearing hyundai heavy industries hyundai mobis hyundai motor industrial and commercial bank of china jardine matheson kb financial group keppel kia motors kt & g lg chem li & fung lippo group mediatek nan ya plastics oversea chinese banking corporation petrochina ping an insurance posco power assets holdings samsung electronics sands china shinhan financial group singapore telecommunications sun hung kai properties taiwan semiconductor manufacturing united overseas bank want want china holdings retrieved from https en.wikipedia.org w index.php title aia group limited & oldid 738590356 categories hang seng index constituent stockscompanies listed on the hong kong stock exchangeinsurance companies of hong kongwarrants issued in hong kong stock exchangecompanies established in 1919hidden categories use dmy dates from december 2013use hong kong english from december 2013all wikipedia articles written in hong kong englisharticles containing chinese language textpages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to 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