TITLE

Country Profile -- Malaysia (Conventional & Takaful): Expected M&A boom in insurance industry

PUB. DATE
July 2011
SOURCE
Asia Insurance Review;Jul2011, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on regulatory developments Malaysia related to the insurance sector which will enhance the prospects for mergers and acquisitions (M&A) in the industry. It informs that the Malaysian government has liberalized foreign ownership restrictions in Malaysia and mentions about the Risk-Based Capital (RBC) Framework, implemented on January 1, 2009, which ensures adequate capital with insurers in Malaysia to cover risks.
ACCESSION #
67503364

 

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