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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Saturday, 14 November 2009
Summary of STMB's news
There has been a fair bit of news in the past few days on STMB following its launch of new logo and its AGM. Here is a summary:
- No, it will not announce new equity partner by month end
- It will restructure PT Syarikat Takaful Indonesia by winding up the holdings company, and have direct exposure in PT Asuransi Takaful Keluarga (assurance) and PT Asuransi Takaful Umum (general takaful) and offering up to 30% equity to a local Islamic bank with distribution tie-up
- It will spend RM15 mil in re-branding
Source: Business Times 1, 2, 3 & 4, The Star
Labels: Merger, Takaful Malaysia
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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- Bright future for Takaful
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