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, 30 March 2009
Insurers to cut bonuses
Policyholders in Singapore can expect their bonuses on endowment and whole life policies to be cut following a dismal investment performance in 2008.
Company that have decided to cut: Great Eastern
Company yet to decide: AIA
Companies declined to comment: Prudential, NTUC Income, Manulife
Company not cutting: TM Asia
Source: Asiaone
Labels: AIA/AIG, Bonus, Great Eastern, Manulife, NTUC Income, Prudential, TM Asia
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
- Acquisition of MCIS to be completed by Sept 2009
- SAS EGM, AGM and Dinner
- BNM's Annual Report 2009
- ING to clawback 1200 employees' bonuses
- Jerneh targets 10% growth
- New Management Committee for LIAM
- Great Eastern has new CIO
- Super Fortune
- Prudential to change CEO
- ManuCare100
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