Zurich: No material action yet to sell MCIS
KUALA LUMPUR: Zurich Insurance Company Ltd, having completed its acquisition of Malaysian Assurance Alliance Bhd (MAA) recently, will have to dispose of MCIS Zurich Bhd as Bank Negara Malaysia (BNM) prohibits foreign companies from owning more than one insurance company.
Axa, Ace Said in Advanced Talks to Buy HSBC Insurance Business
Axa SA, Europe’s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said.
Speculation on bids for HSBC non-life insurance business
HSBC is set to sell its non-life insurance operations, according to three persons close to the matter.
Research and Markets: Philippines Insurance Report Q1 2012: Spectacular Growth Figures for Life Insurance
Research and Markets has announced the addition of the "Philippines Insurance Report Q1 2012" report to their
Axa Said to Be in Talks With Ace to Buy HSBC’s Non-Life Insurance Business
Axa SA (CS) , Europe ’s second-biggest insurer, and Zurich-based Ace Ltd. (ACE) are among final bidders for HSBC (HSBA) Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said.