TITLE

Insurers' take on Regulator leading the market

PUB. DATE
August 2010
SOURCE
Asia Insurance Review;Aug2010, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the significance of the liberalisation moves of the Bank of Negara Malaysia (BNM) to the local insurance industry. It states that the measures of the bank to open up the market boosts the industry's resilience and efficiency. Md Adnan Md Zain, president of Life Insurance Association of Malaysia (MIAM), notes that lifting the foreign shareholding cap to 70% from 49% make the market more attractive to foreign shareholders.
ACCESSION #
52933375

 

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