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.
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Tuesday, 27 May 2008
34% Profit Growth
Progressive Insurance Bhd has posted a 34% increase in profit in 2007 amounting to RM15.7 mil. The Sabah state government, being the majority shareholder, received the bulk of the dividend, amounting to RM4.8 mil.In the past 2 years, Progressive has launched several new products including the foreign workers scheme, family PA and E-Marine.
Source: Business Times
Labels: Business Targets, Products, Progressive
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.
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