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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Wednesday, 22 April 2009
Takaful Ikhlas to reduce reliance on motor
Takaful Ikhlas is targeting its gross contributions at RM600 mil for 2010. This will be achieved by increasing contributions from family takaful and reduce general takaful contributions from motor.Other relevant information:
- RM520 mil was targeted for FY 31/3/2009. Results out soon.
- Achieved RM428 mil contributions in FY 31/3/2008.
- Family:General mix = 80:20
- Motor forms 70% of General Takaful portfolio, target to reduce to 50% by 2011
Source: Business Times
Labels: Business Targets, Takaful Ikhlas
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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