Zurich acquires MAA Takaful in Malaysia
Zurich has expanded its presence in Malaysia with the acquisition of takaful insurer MAA Takaful for MYR525m (£90m).
The Swiss insurer has bought Malaysian investment group MAA Group's 75% stake and a 25% stake from Bahrain-based Islamic finance group Solidarity.
MAAT, founded as a joint venture in 2006, has an
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