Etiqa Insurance News

Malaysia’s Top Bank Is Said to Weigh Options for Insurer Etiqa

Malayan Banking Bhd. is considering options including buying out Ageas SA’s minority stake in Etiqa as Malaysia’s biggest lender seeks to boost the value of the Southeast Asian insurer, according to people with knowledge of the matter. Maybank, as the …

Malaysia’s Maybank Plans to Spin Off Etiqa Insurance Unit: Sources

Malayan Banking Bhd (Maybank), Malaysia’s biggest bank, is preparing to spin off and list its Etiqa insurance arm on the local stock exchange, sources with knowledge of the matter said on Wednesday. Etiqa, which operates in Malaysia, Singapore, the Philippines …

Malaysia Eyes Tougher Enforcement of Cap on Foreign Ownership: Sources

Malaysia is weighing tougher enforcement of a cap on foreign ownership of insurers as it seeks to boost local participation in the industry, people with knowledge of the matter said. The central bank is considering more strictly applying an existing …