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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 local operations were reconstituted in 1984 into a local insurance company bearing the name, The Netherlands Insurance (Malaysia) Sdn Bhd. In 1994, The Pacific Bank Bhd (now known as PacificMas Berhad) acquired 70% of the Company’s equity and changed its name to The Pacific Netherlands Insurance Berhad. In 1995, The Pacific Insurance Berhad was adopted when the Company became a wholly-owned subsidiary of PacificMas Berhad.
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