Country Profile - Consolidation Frenzy Leads to Polarisation of Market
Source: Asia Insurance Review | May 2007
The Malaysian general insurance market is a hive of activity in the wake of several high-profile mergers. In the last 18 months alone, 10 insurance groups have joined forces creating a further polarisation in the industry among the large giants and mid-sized companies. We look at how this consolidation frenzy has changed the dynamics of the marketplace and increased pressure on medium-sized insurers to compete effectively and efficiently.
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