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, 27 April 2009
Liberalisation in insurance/takaful industry?
Business Times quoting industry source reported that the caps on foreign equity participation in the insurance/takaful sector would be lifted.
Current caps are:
- 49% for existing foreign shareholders
- 30% for new foreign shareholders
New takaful licences may also be issued.
Source: Business Times
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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