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, 15 July 2008
Financial Planning key to improve Penetration Rate
The current insurance penetration rate of 40.1% can be further improved if the industry focuses on financial planning. Manulife's CEO opines that the distribution of products should be more on needs-based approach rather than product-pushing approach.
LIAM's President concurs and thinks that the industry needs to create branding and educational campaigns to show the value of life insurance and financial planning.
Source: The Star
Labels: LIAM, Life Insurance, Manulife
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
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