Malaysia's Kurnia Asia Bhd (5097.KU) may receive four bids for general-insurance unit Kurnia Insurans (Malaysia) Bhd., the New Straits Times said Thursday.

It cited unidentified industry sources as saying U.S.-based Liberty Mutual Group's unit Liberty International Holdings Inc. and American International Group Inc's (AIG) local unit Chartis Malaysia Insurance Bhd. are "close to making a bid" for Kurnia Insurans.

The daily also said Insurance Australia Group Ltd. (IAG.AU) and German insurer Allianz SE (ALIZF) are potential bidders.

Kurnia Asia wasn't immediately available for comment.

In July, Kurnia Asia said that unnamed parties are interested in acquiring a stake in its general insurance unit, the largest in Malaysia, and that the country's central bank has "no objection in principle" for it to begin preliminary negotiations.

Newspaper website: http://www.nst.com.my

-By Kuala Lumpur bureau; Dow Jones Newswires; 603-2026-1233; djnews.kldowjones.com

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