Affin Bank secures approval to dilute stake in insurance JV with AXA
Malaysia’s Affin Bank has secured the Minister of Finance’s approval to divest its equity stake in insurance joint ventures (JV) to Generali…
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Allianz General taps Howden to offer bicycle insurance in Malaysia
Allianz General Insurance Company (M) has entered into a partnership with Howden Broking to introduce bicycle insurance in Malaysia. According…
Oliver Wyman Digital launches digital platform with BaaS and IaaS solutions
Oliver Wyman Digital has launched a new platform aimed at helping incumbent banks and challengers to expedite their digital endeavours. The new…
AIA Malaysia partners Touch ‘n Go eWallet on digital insurance
AIA Malaysia has formed a long-term digital insurance partnership with Touch ‘n Go eWallet, a subsidiary of TNG Digital. Under…
Liberty Mutual Insurance to buy AmGeneral in Malaysia
Liberty Mutual Insurance has unveiled plans to acquire Malaysian insurer AmGeneral Insurance for an undisclosed sum. AmGeneral specialises in providing…
Generali to purchase majority stake in AXA’s JV in Malaysia
Italian insurer Generali has finalised deals to purchase majority stake in AXA Affin joint ventures and to purchase 100% of…
Arthur J. Gallagher buy minority stake in SP&G Insurance Brokers
American insurance brokerage firm Arthur J. Gallagher & Co. has purchased a minority stake in Malaysia-based SP&G Insurance Brokers for an…
RHB Bank aborts talks to divest insurance business to Tokio Marine
Malaysian lender RHB Bank has decided to end negotiations with Tokio Marine Asia (TMA) to sell up to 94.7% of…