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Pacific Insurance merges with MCIS

Kota Kinabalu: In the company merger and acquisition scene in Malaysia, Pacific Insurance Berhad, known for its competency and expertise in medical insurance with the widest range of medical insurance in the market, has merged another general insurance company operating in Malaysia – MCIS (Malaysia Cooperative Insurance Society) General Insurance.

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Pacific Insurance upbeat on growth

KUALA LUMPUR: The Pacific Insurance Bhd, which has acquired MCIS Insurance Bhd’s general insurance segment, is expected to grow its business premiums by RM1bil in three to five years. The combined business of Pacific Insurance and MCIS – both members of the Fairfax Group – is now estimated at RM400mil,

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