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Malaysia: Insurer AIA plans to expand takaful business

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AIA Bhd. is planning to grow its takaful business “significantly" in Malaysia during the second half of 2014, chief executive Bill Lisle said.

Mr. Lisle declined to reveal any numbers, but said the firm was planning to tap the potential following the earlier launch of AIA Public Takaful Bhd., Bernama reported.

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