Competition, rates to drive mergers and acquisitions among insurers
Posted On: Mar. 15, 2019 5:47 AM CSTMalaysia-based RAM Rating Services Berhad said that increasing competition and stagnant insurance premium rates are likely to drive mergers and acquisitions among local insurers this year, The Star reported. The ratings agency said that Malaysian insurers' pricing autonomy is still limited, although the regulator may consider easing rules this year.