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, 16 February 2009
Centennial Wonder
Great Eastern launched Centennial Wonder last week.Product features:
- Limited-pay endowment
- Guaranteed annual income for 25 or 35 years
- Sales period: 2 months from 16/2/2009
Other business statistics:
- NB sales (total premium) in 2008: RM975 mil, 30% growth over 2007, boosted by Centennial Max, SP ILP
- 4 to 5 products planned for 2009, including retirement plan and revamped medical plan
Labels: Business Targets, Great Eastern, Products
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
- New Council for ASM
- Treat customers fairly in bonus reduction
- Singapore life insurance grew 3%
- 30% Growth Target for STMB
- Asia PRISM
- NAIC decided not to ease capital requirements
- PPI sales to be restricted
- Strategic investors for AIA Malaysia
- ACE to launch specialty lines products
- Allianz obtained retakaful licence
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