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Home » News & events » Announcements » Media speculation on IAG's investment in India

 

Media speculation on IAG's investment in India

25 Jun 2019
IAG notes speculation that has appeared in the Indian Economic Times regarding IAG’s 26% interest in SBI General Insurance Company (SBIG).


As advised at its 1H19 results on 6 February 2019, IAG continues to assess options for its joint venture interests in Asia, including its interest in SBIG.

Discussions have been held with external parties regarding a potential sale of all or part of IAG’s 26% interest in SBIG. There is no certainty that a transaction will occur.

Should an agreed sale be reached, IAG will keep the market informed in accordance with its continuous disclosure obligations.

Media speculation on IAG's investment in India (90.76 KB)

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