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
Tuesday, 29 April 2008
Medical Product with NCD
Prudential may roll out medical products with No Claim Discount (NCD) in Malaysia. There are also 2 to 3 new retirement products in the plan.The Company will also spend RM2 mil in rebranding, with a 10-week campaign themed "The Face You Can Trust".
Some facts/statistics/strategies:
- New business annual premiums: RM606 mil (2007) vs RM496 mil (2006), growth rate: 23%
- Market share: 21% (2007), 19% (2006)
- Build other distribution channels: direct marketing, online technology and bancassurance
- Agency force 9,000 (current), 14,000 (2010)
Source: Business Times
Labels: Business Targets, Products, Prudential
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
- News in Brief
- Insurance for Unborn Babies
- Reinsurance in Labuan Grew Strongly
- Manulife Interested in Takaful
- MNRB Retakaful to Breakeven in 3rd Year
- STMB 1st Capital Protected ILP
- MNRB to set up Actuarial Consulting Firm?
- Takaful Ikhlas Targets 6 Million Clients
- Housing Loan Scheme Promising for Takaful Ikhlas
- India is Short of Actuaries
Subscribe to
Posts [Atom]
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home