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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, 30 November 2008
Kurnia's 2009 Q1 Results
Kurnia reported a mixed 2009 Q1 (30/9/2008) results, while the overall results have deteriorated, the underwriting performance has improved. Below are the 2009 Q1 vs 2008 Q1 figures:- GI Revenue: RM304.5 mil vs RM290.2 mil
- Motor gross premium: RM236.2 mil vs RM238.2 mil
- Miscellaneous gross premium: RM31.7 mil vs RM18.1 mil
- Profit: -RM12.1 mil vs RM14.4 mil
- Underwriting surplus: RM2.7 mil vs -RM323.7 mil (2008 Q4)
- Investment activities: -RM8.0 mil vs RM34.9 mil
- Claims ratio: 68.0% vs 75.4%
Source: Bursa Malaysia
Labels: Kurnia
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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