KUALA LUMPUR: MSIG Insurance (M) Bhd intends to lead the pack among leading insurers in the consolidation race as part of its growth strategy to strengthen its foothold in the local insurance market.
Executive director Kenichi Fukuhara said in Japan, for example, its parent - Mitsui Sumitomo Insurance Co Ltd - was the first insurer to kick off the merger and acquisition (M&A) trail and was later followed by others.
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