pension products, administration and investment services for the Hong Kong Mandatory Provident Fund. Indonesia Colonial had been in a joint venture with PT Astra International, since 1992. Astra CMG has almost 1500 staff and agents in 30 locations offering life insurance products and services for individual and corporate clients. Malaysia Colonial entered a joint venture with EON in 1995, establishing EON CMG Life. The company currently employs 1200 staff and agents and has offices in seven key locations across Malaysia including in Peninsula Malaysia, Sabah and Sarawak. New Zealand Colonial currently offers term life insurance, retirement savings, income protection, trauma and disability cover, funds management and administration. The New Zealand insurance distribution network includes preferred agents, financial planners and brokers, in conjunction with Colonial’s franchised outlets. Singapore In Singapore, CMG First State Investments offers a mix between retail and wholesale products and experienced staff and management. Thailand Ayudhya CMG Life was Thailand’s third largest insurance company (by new business). A full product range – including family protection and retirement planning products, investments, employee benefits and health care – was offered to individual and corporate clients. The company has almost 7000 staff and agents in approximately 80 branches. The Philippines In the Philippines, CMG employs more than 2800 staff and agents, offering corporate and individual clients life, personal accident and medical insurance. The head office was in Manila with a further 19 offices in major cities throughout the country. United Kingdom Colonial’s international funds management business was represented in the UK market through Colonial Stewart Ivory Investments. The international equities operations of Colonial First State Investments are centralised in the UK, taking advantage of its position as a key global financial centre. Vietnam In 1999, Colonial was awarded the first Vietnamese licence for a life insurance joint venture between a local and international company. This followed the signing earlier that year of a joint venture agreement with the Ho Chi Minh City Insurance Company (Bao Minh). The joint venture, Bao Minh CMG, was based in Ho Chi Minh City and commenced selling life insurance policies in March 2000. References Financial services companies established in 1873 Insurance companies of Australia