Thursday, March 18, 2010

Aviva take over 60% stake Winterthur Life

Aviva Plc said it acquired a 60 percent stake in PT Asuransi Winterthur Life Indonesia. Aviva Investors is the global asset management business of Aviva plc, the world's fifth-largest insurance group. We are exploring exciting opportunities for growth around the world.
The group has £222 billion (US$362 billion) of assets under management as at 30 June 2009, and employ more than 1,300 people in 15 countries across Europe, North America, Asia Pacific and the UK.
Last 3 year, US insurance company AXA has concluded the acquisition over Winterthur, a unit of Credit Suisse Group, in December 2006.

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