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CIMB Research upbeat on Maybank unit Etiqa’s overseas growth


Maybank said Etiqa is the fastest-growing insurance/takaful company in Malaysia year-to-date in all segments, including life insurance, family takaful, general insurance and general takaful.

Maybank said Etiqa is the fastest-growing insurance/takaful company in Malaysia year-to-date in all segments, including life insurance, family takaful, general insurance and general takaful.

KUALA LUMPUR: CIMB Equities Research sees the potential for Maybank’s group insurance and takaful business to grow in overseas markets, principally in Singapore, Indonesia and the Philippines, where Maybank has strong footholds in commercial banking. 

It said on Thursday Etiqa can leverage on Maybank’s regional network for growth in overseas markets. 

Analyst Reports , Banking , Insurance

   

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