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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Saturday, 28 June 2008
Decision in August
OCBC Bank will decide in August whether to merge Pacific Insurance (Pacific) with Overseas Assurance Corporation (OAC) or to sell off Pacific. The decision is needed to be in compliance with MoF's requirements of not owning more than 1 insurance licence.OCBC owns 61.7% of PacificMas since April this year.
Source: The Edge Daily
Labels: Merger, OAC, Pacific Insurance
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
- Risk Management Depository
- MAA Expects to be Back in the Black
- One Less Suitor, One More Suitor
- Maybank to Enter Pakistan Takaful Market
- News in Brief
- Takaful Medic-Save Rider
- More Potentials for Retakaful Business
- Kurnia's New CEO
- Kurnia to Acquire KIT
- No Privatisation
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