Singapore-based insurance broker acquires Malaysian counterpartPosted On: Jan. 3, 2017 5:00 AM CST
Singapore-based insurance broker Pana Harrison (Asia) Pte. Ltd. has acquired Malaysia-based AIH Reinsurance Brokers Ltd. for an undisclosed amount, Asia Insurance Review reports. The transaction is subject to regulatory approval. The merged entity will have 60 employees in seven countries with combined annual premium totaling $60 million.