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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Tuesday, 29 September 2009
Manulife's response to liberalisation
Manulife wants to add 5 new branches by 2011, location including Kuching and Penang. Currently Manulife has 6 centres nationwide.For bancassurance, it intends to form more partnerships, focusing on local banks. Manulife's current bank partners are:
- OCBC Bank
- Alliance Bank
- Citibank
- HSBC Bank
Bancassurance currently contributes 10% of the business and the aim is to increase this to 33%.
Source: Business Times
Labels: Bancassurance, Business Targets, Liberalisation, Manulife
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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