FWD to acquire majority stake in Gibraltar BSN to foray into Malaysian life insurance market
FWD Group Holdings, a pan-Asian life insurance business, has agreed to acquire a majority stake in Gibraltar BSN Life Berhad to enter the Malaysian life insurance market. The stake is being divested by The Prudential Insurance Company of America, a wholly owned subsidiary of US-based Prudential Financial. Under the agreement, FWD Group and other investors […]