(AFX UK Focus) 2008-11-30 22:53 Australia’s IAG increases stake in Malaysia venture (Interactive Investor)
SYDNEY, Dec 1 (Reuters) - Insurance Australia Group Ltd , Australia's top car and home insurer, is increasing its interest in Malaysian general insurance venture AmAssurance to 49 percent from 30 percent. IAG said on Monday it is restructuring the venture, splitting the existing AmAssurance into general insurance and life insurance components. The group will be selling its 30 percent interest in ...