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Generali Malaysia Aims To Narrow Protection Gap In Malaysia, Focusing On Underserved Segments

Generali Malaysia to expands local presence, focus on underserved markets

KUALA LUMPUR (May 10): Generali Group, one of the largest global insurance providers based in Italy, aims to narrow the insurance gap for the underserved market in the country through its integrated unified brand, Generali Malaysia. Generali Malaysia was recently integrated following the acquisition of a controlling majority stake in Affin Bank Bhd’s general insurance arm AXA Affin General Insurance Bhd (AAGI), and 100% purchase of MPI Generali Insurans Bhd from its joint-venture partner Multi-Purpose Capital Holdings Bhd (MPCHB).

Generali Malaysia to complete integration by 2024

Country Heights, Serba Dinamik, E A Technique, Zelan, MSC, LBS Bina, Sunway REIT, Apex Healthcare, Cahya Mata, VSTECS, Caely, Kanger, Encorp, Jentayu, Lion Posim, Signature International, Fiamma, MPHB, Zecon, XOX and Dynaciate

Here is a brief look at some corporate announcements and news flow on Wednesday (May 18) involving Country Heights Holdings Bhd, Serba Dinamik Holdings Bhd, E.A. Technique (M) Bhd, Zelan Bhd, Malaysia Smelting Corp Bhd, LBS Bina Group Bhd, Sunway Real Estate Investment Trust, Apex Healthcare Bhd, Cahya Mata Sarawak Bhd, VSTECS Bhd, Caely Holdings Bhd, Kanger International Bhd, Encorp Bhd, Jentayu Sustainables Bhd, Lion Posim Bhd, Fiamma Holdings Bhd, MPHB Capital Bhd, Zecon Bhd, XOX Bhd and Dynaciate Group Bhd.

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