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.
Insurance Job Advertisements
Thursday, 9 October 2008
Asia's Insurance Industry is Strong
Asia's insurance industry is strong enough to withstand the current financial market turmoil, according to S&P. "Rated insurers that have strengthened their balance sheets over the past 5 years are expected to ride out the storm without major rating changes".
Other points mentioned in the S&P's report:
- Negative outlooks on Singapore and Taiwan's life insurance sectors.
- Operating performance is likely to deteriorate in 2008 due to plummeting investment profits.
Source: The Star
Labels: Insurance
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
- Boards Can't Confirm on Privatisation
- ACR Targets Malaysia, Indonesia and Brunei
- Manulife's CEO Resigns
- What Went Wrong with AIG?
- Impact on Malaysia Insurance Industry
- MAA may be Taken Private
- AIA's Next Generation Strategy
- TM Asia's Plan for Branches
- Fortis Insurance is still 100% Owned by Group
- Kurnia's RM400 mil Capital Injection
Subscribe to
Posts [Atom]
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home