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News
Allianz Malaysia's 2Q net profit edges up 2% as insurance revenue rises
2+ hour, 5+ min ago (345+ words) KUALA LUMPUR (Aug 21): Allianz Malaysia Bhd (KL:ALLIANZ) recorded a modest increase in second-quarter net profit as higher insurance revenue from both its general and life insurance businesses supported earnings. Net profit for the three months ended June 30, 2026 (2QFY2026) rose 2.2% to…...
Maybank buys remaining stake in Etiqa’s holding company from Ageas for RM4.83 bil
2+ week, 4+ day ago (341+ words) KUALA LUMPUR (Aug 3): Malayan Banking Bhd (KL:MAYBANK) is acquiring the remaining 30.95% stake in Etiqa's holding company, Maybank Ageas Holdings Bhd, from Belgian insurer Ageas SA for RM4.83 billion, giving Malaysia's largest lender full ownership of its insurance and takaful business....
Aegon strikes US$2.7 bil deal to sell UK insurance business to Standard Life
4+ mon, 6+ day ago (203+ words) The payment would consist of a cash amount of 750 million pounds and 181.1 million shares, or a 15.3% stake, in Standard Life, Aegon said. The stake would make Aegon the British insurer’s largest single shareholder, according to LSEG data, with the Amsterdam…...