Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Tuesday, 15 April 2008
IAG - A Takeover Target
Insurance Australia Group (IAG) has become a takeover target of QBE Insurance Group Ltd. However, until the time this blog was posted, the offer made by QBE was rejected by the Board of IAG on the reason that the offer made was inadequate and not attractive.IAG owns 30% of AmAssurance in Malaysia.
Source: Bloomberg
Labels: AmAssurance, IAG, Merger
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
Previous Posts
- AXA Affin's Corporate Activities
- MAA's Global Natural Resources Feeder Fund
- ACR Retakaful
- STMB Consolidates
- Kurnia Goes Cambodia
- Lonpac's New CEO
- Prudential's New CEO
- MNRB to buy British Islamic Insurance
- OCBC Owns 99.7% of Pacmas
- Allianz Targets 11% Growth
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