Tokio Marine gets green light for talks to buy Malaysia’s RHB Insurance
Business deals
Local authorities approve Japanese insurer’s efforts to pursue merger
Tokio Marine collaborated previously with RHB Bank on life insurance sales. (Photo by Kosuke Imamura)
TOKYO — Japanese insurance group Tokio Marine Holdings has received approval from Malaysia’s central bank to begin negotiations for acquiring RHB Insurance, a non-life insurance company under local financial major RHB Bank, Nikkei learned on Tuesday.
