Year 1959

The American Insurance Company (under AFIA world wide insurance) began its operations in Malaysia.

Year 1980

In line with the New Economic Policy (NEP), a joint venture agreement was signed between AFIA which held a 49% equity interest and The Fleet Group Sdn Bhd with a 51% controlling interest. This resulted in the emergence of The American Malaysian Insurance Sdn Bhd in June 1980.

Year 1984

CIGNA, a conglomerate in the United States bought over AFIA and sold its entire equity in AMI to The Fleet Group Sdn Bhd. The American Malaysian Insurance Sdn Bhd was wholly owned and controlled by The Fleet Group Sdn Bhd since then.

Year 1987

In April 1987 The Fleet Group transferred its entire shareholding in The American Malaysian Insurance Sdn Bhd to The New Straits Times Press (Malaysia) Bhd. The shares were held through Pitisan Sdn Bhd a wholly owned subsidiary of NSTP.

Year 1994

In November 1994, The American Malaysian Insurance Sdn Bhd was converted to a public limited company and is known as The American Malaysian Insurance Bhd.

Year 1999

On 11th June 1999, the name was changed to AMI Insurans Bhd.

Year 2004

In February 2004, New Straits Times Press ( Malaysia ) Berhad disposed 100% of AMI Insurans Bhd to Commerce Asset Holding Berhad.

Year 2005

On 4th February 2005, AMI Insurans Berhad company's name has been changed to Commerce Assurance Berhad. The new corporate logo established signifies a strategic move to strengthen our business position as A Member of Commerce Asset-Holding Berhad Group of Companies.

Year 2006

Commerce International Group Berhad took full ownership of CAB on 23 January 2006.

Year 2007

Allianz Malaysia took full ownership of CAB from 28 August 2007. (Click to Allianz for more information)