This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - October 03, 2023 11:47 AM (EDT)

Great Eastern Units Reach Cash Deal to Buy AmMetLife Companies in Malaysia

Great Eastern Holdings Ltd. said two of its subsidiaries will purchase AmMetLife Insurance Berhad and AmMetLife Takaful Berhad in a cash deal worth $1.12 billion Malaysian ringgit ($237.5 . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Mergers And Acquisitions Partnerships Bancatakaful Malaysia Life Insurers Bancassurance

Reprints & Redistribution

Latest News

EARNINGS
Allstate Improves to $1.19 Billion Net Income in First Quarter, Seeks More Market Share
May 01, 2024 05:22 PM (EDT)

EARNINGS
MetLife First-Quarter Net Income Jumps on Adjusted Earnings, Lower Net Investment Losses
May 01, 2024 05:13 PM (EDT)

EARNINGS
Commercial Lines Leads First-Quarter Profit Surge for AIG
May 01, 2024 04:56 PM (EDT)

NAME CHANGES
BRP Renaming as Baldwin; Rebrand Includes Retail Brokerage Operations
May 01, 2024 04:44 PM (EDT)

PEOPLE IN INSURANCE
Arch Insurance Promotes Head of Third-Party Claims to Chief Claims Officer
May 01, 2024 02:33 PM (EDT)

More from Best’s News

Trending

1

EARNINGS
Prudential Financial First-Quarter Net Attributable Income Drops to $1.14 Billion
Apr 30, 2024 05:28 PM (EDT)

2

EARNINGS
Baltimore Bridge Disaster Costs Aspen as First-Quarter Profit Declines
Apr 30, 2024 11:39 AM (EDT)

3

WAR RISK INSURANCE
Pen's Vessel Protect Raises Marine War Risk Limit 40% to $250 Million
Apr 30, 2024 11:31 AM (EDT)

4

SPECIAL REPORT
Best’s Special Report: Declining Investment Yields Pose Challenges to Meet Cost of Capital for China Insurers
Apr 30, 2024 10:41 AM (EDT)

5

STATE LEGISLATION
Louisiana Commissioner: Legislators Approve Four Bills to Tackle Insurance Crisis
Apr 29, 2024 02:08 PM (EDT)

1

CATASTROPHE MODELING
Industry Executives Urge Need for Speed on California Regulatory Model Changes
Apr 26, 2024 04:34 PM (EDT)

2

REGULATION
New Fiduciary Rule on Annuity Sales To Take Effect in September, US Labor Department Says
Apr 26, 2024 01:55 PM (EDT)

3

CRIME
Florida Citizens: Cyber Actor Hacked System
Apr 24, 2024 02:04 PM (EDT)

4

EARNINGS
Chubb CEO: Asia Leads as Growth Continues Despite Financial Lines Drag
Apr 24, 2024 01:53 PM (EDT)

5

EARNINGS
Chubb Posts First-Quarter Profit Hike as Property/Casualty, Life Earnings Rise
Apr 23, 2024 05:11 PM (EDT)

1

EMPLOYEE TERMINATION
Insurance Industry Layoffs: USAA Cuts 220 Positions
Apr 11, 2024 01:57 PM (EDT)

2

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

3

PEOPLE IN INSURANCE
United Educators Insurance Names Successor to Retiring President-CEO
Aug 09, 2023 11:34 AM (EDT)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

ELECTIONS 2010
North Carolina Commissioner Races Competitive on Both Sides
Mar 01, 2024 11:28 AM (EST)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
089126	AmMetLife Insurance Berhad
092850	AmMetLife Takaful Berhad
059514	Great Eastern Holdings Ltd
058648	Oversea-Chinese Banking Corporation Ltd

PEOPLE IN INSURANCE
AmMetLife Insurance Berhad Names CEO
Mar 18, 2021 04:15 PM (EDT)

Singapore’s Great Eastern Completes Acquisition of QBE in Indonesia
May 06, 2019 01:33 PM (EDT)

Singapore’s Great Eastern Acquires QBE’s Indonesia Business for US$28 Million
Dec 12, 2018 10:58 AM (EST)

Great Eastern Life Contributes to Malaysia’s Health Insurance Fund in Lieu of Divesting Stakes
Nov 20, 2018 09:45 AM (EST)

Great Eastern Posts 17% Drop in New Business in the First Quarter
May 07, 2018 03:34 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html