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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Sunday, 3 May 2009
ING's 3-Year Profitable Growth Plan
ING has set a "Three-Year Profitable Growth Plan" strategy in early 2008. Among some of the goals are become top player in specific segments such as :- Life insurance
- Employee benefits
- Bancassurance
Some of the results so far and targets for this year:
- NB premium grew 26% in 2008, same target in 2009
- Market share reached 11% in 2008, in 2007 it was 9%
- 40% market share in employee benefits
ING has 9,000 agents and Public Bank is its bancassurance partner.
Source: The Star
Labels: Business Targets, ING
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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