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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Friday, 3 April 2009
Resignation of 3 CEOs
3 insurance CEOs have recently resigned:
- Cliff Lee, Tahan Insurance Malaysia Bhd
- Vincent Kwo, AXA Affin Life Assurance
- Mohd Fauzi Yaakub, Uni.Asia General Insurance Bhd
Cliff Lee was also PIAM's chairman previously. The position has been taken over by the then deputy chairman Mohd Yusof Idris, CEO of Oriental Capital Insurance Bhd.
Some industry statistics:
- Gross premiums for GI: RM11.32 bil (2008) vs RM10.45 bil (2007), growth rate: 8.37%
- NB premiums for Life: RM7.13 bil (2008) vs RM7.6 bil (2007), growth rate: -6.2%
Source: The Star
Labels: AXA Affin, CEO, Executive Movement, Tahan, Uni.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.
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