IAG Annual Report 2015 - page 106

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100% owned unless indicated
1 IAG’s short tail personal insurance products are distributed in Victoria under the RACV brand, via a distribution relationship
and underwriting joint venture with RACV. These products are distributed by RACV and manufactured by Insurance
Manufacturers of Australia Pty Limited (IMA), which is 70% owned by IAG and 30% by RACV.
2 IAG owns 100% of WFI Insurance Ltd (WFI), the underwriter of general insurance products under the Coles Insurance brand.
These products are distributed by Coles under an Authorised Representative Agreement with WFI.
3 IAG holds a 98.6% beneficial interest in Safety Insurance, based in Thailand, which trades under the Safety and NZI brands.
4 IAG owns 49% of the general insurance arm of Malaysian-based AmBank Group, AmGeneral Holdings Berhad (AmGeneral),
which trades under the AmAssurance and Kurnia brands.
5 IAG owns 26% of SBI General Insurance Company, a joint venture with State Bank of India.
6 IAG owns 20% of Bohai Property Insurance Company Ltd, based in China.
7 IAG owns 63.17% of AAA Assurance Corporation, based in Vietnam.
8 IAG owns 80% of PT Asuransi Parolamas, based in Indonesia.
All ownership percentages are as at 30 June 2015.
Asia
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New Zealand
Australia
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