Foreign insurers can either pare stakes or contribute to health insurance fund, says Malaysian central bank

Foreign insurers can either pare stakes or contribute to health insurance fund, says Malaysian central bank

Malaysia central bank governor Nor Shamsiah Mohd Yunus.

To comply with new foreign ownership rules, foreign insurers can now choose to either pare their stakes in their Malaysian units or contribute to the B40 National Health Protection Fund, according to the country’s central bank Bank Negara Malaysia (BNM).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter