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, 6 May 2008
MAA to Launch New CG Fund
MAA will launch a new capital guaranteed fund next month, presumably Series 5 of its Maaster Capital Guaranteed Plan (MCGP5).The target premium is RM50 mil, a modest target for this type of plan, but in line with the RM165 mil achieved in the 4 earlier series.
Some features:
- 90% invested in bonds and 10% in equities
- Minimum premium: RM10,000
- 100% capital guarantee at maturity
Source: Business Times
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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