Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources February 18, 2020 By Elffie Chew, Manuel Baigorri and Vinicy Chan Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses...
AXA, Affin Bank Weigh Possible Sale of Malaysian Insurance Business September 6, 2019 By Elffie Chew and Manuel Baigorri French insurer AXA SA and Affin Bank Bhd. are exploring options including a potential sale of their life and general...
Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources January 29, 2019 By Joyce Koh, Elffie Chew and Manuel Baigorri Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese...
Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer December 3, 2018 By Elffie Chew Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for...
Shareholders of Singapore Reinsurer ACR Capital Eyeing Sale: Sources October 23, 2018 By Elffie Chew, Manuel Baigorri and Joyce Koh ACR Capital Holdings Pte shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a...
Malaysia Expected to Give Foreign Insurers More Time to Cut Local Stakes: Sources June 28, 2018 By Elffie Chew Malaysia’s central bank is considering granting extensions to some foreign insurers to give them more time to trim stakes in...
Malaysia Eyes Tougher Enforcement of Cap on Foreign Ownership: Sources April 13, 2017 By Elffie Chew Malaysia is weighing tougher enforcement of a cap on foreign ownership of insurers as it seeks to boost local participation...
Malaysian Sovereign Fund Weighs Bid for Insurance Unit of Hong Leong Financial July 19, 2016 By Elffie Chew and Joyce Koh Khazanah Nasional Bhd., the $27 billion Malaysian sovereign fund, is weighing a bid for control of the insurance operations of...
Sompo Japan in Talks to Sell Insurance in Malaysia via CIMB Branches: Sources April 13, 2016 By Elffie Chew, Jonathan Browning and Joyce Koh Sompo Japan Nipponkoa Holdings Inc. is nearing an agreement with CIMB Group Holdings Bhd. to distribute general insurance products through...
Malaysia Islamic Insurers Seek to Double Policyholders by Going Digital June 18, 2015 By Elffie Chew Malaysia’s Islamic insurers are seeking to double policyholders in five years by investing more in digital technologies to attract a...