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, 2 September 2008
Update on Allianz
Allianz has embarked on an initiative to enhance productivity and competitiveness by streamlining its operations for both its general and life businesses within 20 months. The aim was to create a more customer-centric organisation.On the integration of its general insurance business with that of Commerce Assurance Berhad (CAB), all CAB's branches have been integrated within 6 months.
2 products from Allianz: PowerWealth and PowerLink are gaining more importance.
PowerLink: Investment-linked product with optional riders: critical illness, H&S, waiver of premium, PA etc.
PowerWealth: Whole life plan, guaranteed cash payment is made every year after 8 years in force until age 90.
Source: The Star
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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