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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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Sunday, 21 September 2008
AIA Gets Takaful Licence?
The Edge Weekly (September 22, 2008, page 20) seems to think that AIA has obtained a takaful licence to operate Ringgit businesses. It claimed that AIA is 1 of the 9 takaful operators in Malaysia.
While to my knowledge it is true that there are 9 takaful operators in Malaysia, my list of 9 operators does not include AIA.
I understand that AIA has obtained a licence to do non-Ringgit takaful business quite some time back, has the Edge got mixed up?
Your comment is most welcomed.
Labels: AIA/AIG
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
- Article in The Star on AIA Quite Damaging
- Articles on AIG - Part 3
- Insurance Industry Exposure to AIG and Lehman
- Mark O'Dell Resigned from AIA Singapore
- MAA Takaful's Funds to be Managed by CIMB
- PacificMas and OSK Cease Talks
- More Articles on AIG
- News Articles on AIG
- HLA's Strategies
- Retakaful Potential in Indonesia
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