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Belgium-based insurer Ageas has concluded its quarter-century partnership with Maybank, paving the way for the Malaysian banking giant to consolidate its insurance operations.

Maybank has secured regulatory approval to acquire the remaining stake in its insurance arm, Maybank Ageas Holdings, to take full ownership of its regional insurance and takaful operations.

The reinsurance giant looks to bolster its capital position as it navigates a robust domestic economic environment.

Users can now book GetGo vehicles for cross-border trips with transparent pricing and no mileage charges.

The national reinsurance firm moves to consolidate its market position following formal regulatory approval from Bank Negara Malaysia.

Growth in life and general insurance segments has propelled Allianz Malaysia Berhad to a strong performance in the first half of 2026.

The insurer saw profit before tax and zakat reach RM305.6 million as revenue expanded during the first six months of the year.

The banking giant is set to acquire the remaining stake in Maybank Ageas Holdings to gain full control of its regional insurance and takaful operations.

Insurance industry veteran Gurudutt Joglekar has been tapped to lead Chubb’s Malaysian operations.
