Description

The Pacific Insurance Berhad has its roots going back to the 1950s when it was the Malayan business arm of The Netherlands Insurance Company, then the 12th largest insurance company in the world. The Company has been writing non-life business and is known for its expertise in writing medical insurance.

The local operations were reconstituted in 1984 into a local insurance company bearing the name, The Netherlands Insurance (Malaysia) Sdn Bhd. The name of the company was changed to The Pacific Netherlands Insurance Berhad 1994 and The Pacific Insurance Berhad in 1995.

In March 2011, Fairfax Asia Ltd acquired 100% of The Pacific Insurance Berhad and as of December 2016, The Pacific Insurance Berhad is 85% owned by Fairfax Asia Ltd and 15% owned by Koperasi MCIS Berhad.

• Industry: Mutual Insurance Company / Cooperative
• Company size: 200-500
• Headquarters: Kuala Lumpur, Malaysia