Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
Insurance Job Advertisements
Wednesday, 26 March 2008
AmAssurance Starts Due Diligence
AmAssurance has started due diligence on acquiring MAA's general insurance business. The due D will take 10 days.AmAssurance also expects to receive MoF's approval on splitting their life and general insurance license by next week.
Meanwhile, AmAssurance launched 3 non-motor insurance products: AmHospitality, AmEdu Package and AmSMI - F&B. This is to better balance its portfolio (RM550 mil gross premiums) which currently consists of 70% motor business.
http://biz.thestar.com.my/news/story.asp?file=/2008/3/26/business/20746053&sec=business
Labels: AmAssurance, MAA, Merger, Products
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
Previous Posts
- IAG Plans to Dispose Stake in AmAssurance Life
- AmAssurance Offered 10% of MAA Takaful
- MAA Sells Life & General Units Separately
- Changepoint for Great Eastern
- MoF Approves PacificMas Acquisition
- Captor for Takaful Ikhlas
- Thailand Amends Insurance Act
- Takaful Refund Delayed
- Ping An to Acquire Fortis
- AmAsssurance Interested in MAA Takaful
Subscribe to
Posts [Atom]
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home