IAG has held talks about selling its 26 per cent interest in Indian insurer SBI General.
The ASX-listed firm says it is continuing to assess options for its joint venture interests in Asia, including its SBI stake, but that there is no certainty of any transaction.
IAG was responding to a report in the Indian Economic Times, which reported that six private equity funds were potentially interested in acquiring the SBI stake.
The Indian paper named PremjiInvest, Carlyle, ChrysCapital and GICNSE of Singapore as being among those on a shortlist of interested parties.
The Australian insurance giant said on Tuesday it would keep the market informed in accordance with its continuous disclosure obligations should it reach any agreement.
At 1030 AEST, shares in IAG were 0.43 per cent higher at $8.215, compared to a 0.15 per cent rise for the benchmark S&P/ASX200 and a 0.13 per cent decline for the overall financial sector.