JERNEH Asia Bhd, the holding investment company of general insurer Jerneh Insurance Bhd, has just acquired a life and general insurance company in Thailand, thereby gaining a firm foothold in one of the fastest growing economies in the Asean region.
Besides the “strategic” reasons behind the company’s move, it also hopes to capitalise on the numerous business opportunities currently available to insurance companies in an economy that is aggressively liberalising its potentially large and diverse financial sector.
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