Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

RHB to offload insurance unit to Tokio Marine

August 27, 2019 Reprints

Malaysia-based RHB Bank Berhad plans to sell up to 95% of its stake in its general insurance unit to Japanese insurer Tokio Marine Holdings Inc.'s subsidiary by the end of the first quarter of 2020, Reuters reported. Khairussaleh Ramli, the bank's group managing director, said that RHB has received the central bank's approval to commence talks to sell its stake to Singapore-based Tokio Marine Asia Pte Ltd.

Help

RHB to offload insurance unit to Tokio Marine

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources