CIMB Aviva stake for sale

  • Business Premium
  • Friday, 11 May 2012

KUALA LUMPUR: Britain's second-largest insurer Aviva plc's sale of its Malaysian life-insurance business could offer a buying opportunity for its competitors looking for a slice of the industry pie here, according to analysts.

The penetration of life insurance in Malaysia is relatively lower compared with Singapore and Japan, according to an analyst who tracks the sector.

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