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Friday, 4 April 2008

Munich Re Retakaful Launched

Munich Re has become the 2nd retakaful operator after MNRB to set up an operation in Malaysia.

Some facts on Munich Re Retakaful:


  • Working capital of RM25 mil.

  • Writing both general and family retakaful business.

  • Malaysia office would be the hub for global retakaful activities.

  • Expected to breakeven within 3 years.

  • Currently 5 staff.

  • CEO: Dr Ludwig Stiftl.

http://www.btimes.com.my/Current_News/BTIMES/Friday/Nation/20080404004315/Article/

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posted by Teh Loo Hai @ 8:49 PM   0 Comments Links to this post

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