Howden enters Malaysia with CIMB partnership

Acquisitive Hyperion subsidiary Howden Broking Group has begun 2015
with a partnership with CIMB that sees it take a 49 percent stake
in the major Malaysian bank's insurance broking business.
The deal gives Howden its first retail broking presence in
Malaysia, and is its second acquisition in South-East Asia after
moving into the region in 2011 with the takeover of Singapore's
Accette Insurance Group.
CIMB Insurance Brokers will continue to be led by CEO Eddy
Hon.
CIMB is currently the..