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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Saturday, 6 September 2008
HSBC's New 3-Year Capital Protected Plan
HSBC Amanah Takaful launched another 3-year structured investment-linked plan on 2 Sept 2008. This type of product was first launched in March 2007 and generated RM92 mil contributions in 3-week period.Some Features:
- Structured investment linked to the performance of a basket of 10 shares from China/Hong Kong, Taiwan and Korea
- Single contribution
- Capital protected
- Surplus sharing on maturity
- Minimum contribution RM20,000
- Offer period until 10 Oct 2008
Source: The Star & TAS Research
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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