AirAsia Berhad is looking for acquisition opportunities through Tune Ins Holdings Berhad. AirAsia's Chief Executive Officer, Tony Fernandes is eyeing insurance businesses in Indonesia and is planning to acquire a local insurance company. Tune Ins' Managing Director, Peter Miller, said that he was in discussions with certain insurance companies there, but nothing had been finalized.

Tune Ins is also looking at Thailand's insurance market through acquisitions, in order to achieve growth in the ASEAN region.