Malaysia likely to review foreign insurance ownership directive — sources | The Edge Markets

Malaysia likely to review foreign insurance ownership directive — sources | The Edge Markets: HONG KONG/SINGAPORE (June 12): Malaysia is likely to review a directive to foreign insurers to reduce ownership of their local units by nearly a third as finding domestic buyers for the equity stakes is proving hard, three people familiar with the matter said. The review may result in the Malaysian regulator putting the requirement in abeyance, the people said.