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Tuesday, 17 February 2009
AXA-Affin targets lower growth
AXA-Affin General is projecting a 14% growth in gross premiums in 2009, driven by commercial lines (property, marine, engineering, commercial motor and other liability). This compares to the 18% growth in 1st 9 months in 2008.Other statistics and facts:
- Gross premium in 1st 9 months in 2008: RM324 mil
- Industry growth in 1st 9 months in 2008: 10%
- Agency force: 1,700. Target to recruit 150 in 2009
- Segmentation to be applied to motor business
- No lay-offs, VSS or salary cut in 2009
Source: The Star
Labels: AXA Affin, Business Targets
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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