Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

Green light granted to Allianz to contact HSBC Amanah Takaful

Tweet [1] [2]
Magazine Issue: 
Reinsurance, an attractive market [3]
Magazine date: 
Dec 2016

Insurance supervisory authorities have authorized Allianz to start talks with HSBC Amanah Takaful. The subsidiary of the German insurer is interested in a possible merger with its competitor.

Bank Negara Malaysia (BNM), in charge of regulating the insurance market has dispatched an official mail to the parties involved. The latter have been granted a six-month period to reach an agreement. Should talks culminate in any favorable outcome, the Ministry of Finance will provide license.

Read also:

Mon, 02/01/2017 - 16:13

Source URL: https://www.atlas-mag.net/en/article/green-light-granted-to-allianz-to-contact-hsbc-amanah-takaful

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fgreen-light-granted-to-allianz-to-contact-hsbc-amanah-takaful&text=Green+light+granted+to+Allianz+to+contact+HSBC+Amanah+Takaful
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fgreen-light-granted-to-allianz-to-contact-hsbc-amanah-takaful&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/reinsurance-an-attractive-market
[4] http://www.atlas-mag.net/en/article/allianz-acquires-zurich-assurances-maroc-for-274-million-usd
[5] http://www.atlas-mag.net/en/article/allianz-is-ceding-part-of-its-life-portfolio