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FAI Insurance, Ltd.
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FAI Insurance, Ltd.

Australian company
Also known as: Fire and All Risks Insurance Co.
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Quick Summary

FAI Insurance, Ltd. was an Australian company founded by Lawrence James Adler in 1960. Adler, a Hungarian refugee, built FAI from humble beginnings into Australia's largest general insurer. The company was known for its aggressive stock market investments and international corporate takeovers. After Adler's death, FAI was acquired by another Australian insurance company and eventually became part of Germany's Allianz Group.1

Summary created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.
2 Britannica Sources
  1. Lawrence James Adler
  2. FIA

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