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, 12 August 2008
MNRB Retakaful to Increase International Business
International business is expected to contribute 20% of MNRB Retakaful's total revenue in FYE 31 March 2009 compared to the current 10% level.The company is looking to expand to Kuwait, Saudi Arabia and the UAE by year-end, and also planning to enter the European market. Currently the company has business dealings in Indonesia, Brunei and Sri Lanka.
Fitch Ratings recently gave BBB+ rating to MNRB Retakaful.
Source: The Star
Labels: Business Targets, MNRB
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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- FRS 139 is in from 1 January 2010
- Prudential's 1H Results
- BBB+ for MNRB Retakaful
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