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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Monday, 20 October 2008
ING Receives Capital Injection
ING Groep NV will receive capital injection of US$13.4 bil from the Dutch government which will see the latter becoming a major shareholder of the former. With the capital injection, ING's core Tier-1 capital ratio will improve from 6.5% to 8%.
Source: The Star
Labels: ING
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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