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Malaysia's CIMB enters bancassurance partnership with Japanese firm

Wednesday, June 8, 2016 - 18:06
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Malaysian bank CIMB Group Holdings has entered into a bancassurance partnership with Sompo Japan Nipponkoa Holdings to distribute Sompo's non-life or general insurance products.

[SINGAPORE] Malaysian bank CIMB Group Holdings has entered into a bancassurance partnership with Sompo Japan Nipponkoa Holdings to distribute Sompo's non-life or general insurance products.

They will be distributed through CIMB's distribution network comprising branches, call centres and online channels in Southeast Asia. CIMB has 961 branches and more than 12 million customers in Singapore, Malaysia, Indonesia, Cambodia and Thailand.

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