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.
Insurance Job Advertisements
Thursday, 8 May 2008
ACR - World's Largest Retakaful Group
ACR Retakaful Holdings Ltd is now the world's largest retakaful group, with a capital base of US$300 mil and 2 operating companies in Kuala Lumpur and the Middle East.The shareholding structure of ACR Retakaful:
- Khazanah - 40%
- Dubai Banking Group - 40%
- ACR - 20%
However, because Khazanah also owns 32% of ACR, effectively Khazanah is the largest shareholder of ACR Retakaful with effective stake of 46.4%.
Source: The Star
Labels: ACR

0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home