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, 17 May 2009
Prudential's 2009 Q1 Results
Highlights of Prudential's 2009 Q1 results:- Sales was down 5% groupwide compared with 2008 Q1
- In Asia, sales was down 11%, regular premiums declined 2%, single premiums decreased 72%
- Linked business was 40% (2009 Q1) and 62% (2008 Q1) of total APE
In Malaysia:
- Achieved APE of £24 mil, up 60%, premiums for protection benefits was 50% of APE
- 500 new agents added
- APE per active agent increased 10%
Source: The Star, Prudential
Labels: Financial Results, Prudential, Prudential BSN
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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- Aviva wants to re-enter GI market in Asia
- Syariah adviser on MAA Takaful's board
- Kurnia's 2009 Q3 Results
- Lot of enquiries on liberalisation
- Inaugural SAS General Insurance Conference
- EON Bank will not acquire MCIS
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