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
Stronger Q1 for Allianz
Allianz Malaysia Berhad has delivered a very strong Q1 results with RM17.7 mil vs RM3.0 mil in 2007 Q1. Revenue has also grown from RM277 mil to RM399 mil.The strong performance was attributed to the acquisition of 100% of Commerce Assurance Bhd in August 2007, higher general insurance underwriting profit and better investment income.
Source: Bursa Malaysia
Labels: Allianz, Business Targets
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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