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Actuarial

Wednesday, 24 September 2008

Pacific Insurance will still be Sold

Pacific Insurance is still available for sale even though the negotiation with OSK has ceased. The negotiation was called off because of the disagreement in pricing.

PacificMas has until October 2009 to sell off Pacific Insurance. Currently both local and foreign companies have expressed interest in acquiring Pacific Insurance. Not all are from insurance industry but all have exposure to the financial sector.

Source: The Edge Daily

Labels: Merger, Pacific Insurance

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: 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.

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