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

FWD Group buys stake in Malaysian takaful insurer

March 26, 2019 Reprints

Hong Kong-based insurer FWD Group Management Holdings Ltd. has purchased a 49% stake in HSBC Amanah Takaful (Malaysia) Berhad to expand its Islamic insurance operations in Malaysia, Asia Asset Management reported. Under the deal, FWD will rename HSBC Amanah Takaful to FWD Takaful Berhad. The insurer has appointed Salim Majid Zain as chief executive officer of FWD Takaful. The insurer purchased the stake from Hong Kong-based HSBC Insurance (Asia Pacific) Holdings Ltd.

Help

FWD Group buys stake in Malaysian takaful insurer

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