What this blog is about?

Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

Reproduction: You may reproduce materials published here provided that the source (actuaries.com.my/insurance-news) is properly acknowledged.

Uni.Asia Life found new buyers 

Insurance News

  -  August 15, 2013
Another acquisition in the making. The Prudential Insurance Company of America and BSN have teamed up (70:30 JV) to acquire Uni.Asia Life for RM518 mil. The application has been submitted to Minister of Finance for approval. It is interesting to note that post acquisition, BSN will be working with both UK and US Prudential in 2 different companies (PruBSN Takaful and Uni.Asia Life).
Bank Simpanan-Prudential JV eyes Uni.Asia Life in RM518m deal - The Star KUALA LUMPUR: Bank Simpanan Nasional (BSN) and The Prudential Insurance Company of America have teamed up to look into the acquisition of the 100% stake in Uni.Asia Life Assurance Bhd for RM518mil.


Posted by Loo Hai Thursday, August 15, 2013 8:52:00 PM Categories: BSN Merger PruBSN Prudential Uni.Asia
Rate this Content 0 Votes
  • RSS
  • Subscribe