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Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

Reproduction: You may reproduce materials published here provided that the source (actuaries.com.my/insurance-news) is properly acknowledged.

Tune Ins not acquiring PT Asuransi Staco Mandiri 

Tune Ins has terminated the conditional binding offer for the acquisition of PT Asuransi Staco Mandiri. http://j.mp/TAS150827c

Thursday, August 27, 2015 6:46:00 PM Categories: Merger Tune
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Tune Ins appoints new CEO 

Junior N. Cho has been appointed as the new CEO for Tune Ins Holdings Bhd. http://goo.gl/SBghhy

Monday, November 3, 2014 8:39:00 PM Categories: Executive Movement Tune
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Osotspa Insurance Public Co Ltd rebranded as Tune Insurance Thailand 

Tune Insurance has successfully ventured into the Thai market through its 49% owned Tune Insurance Thailand (rebranded from Osotspa Insurance Public Co Ltd). http://bit.ly/TAS140924b

Wednesday, September 24, 2014 9:29:00 PM Categories: Merger Tune
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Tune Ins seeks takaful venture partner 

Insurance News

  -  April 14, 2014
Tune Ins wants to venture into takaful through a tie-up with a local player. It also plans to offer more GI products online.  http://bit.ly/TAS140414a 

 

Posted by Loo Hai Tuesday, April 15, 2014 9:33:00 PM Categories: Tune
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Tune Ins plans Thai's acquisition 

Insurance News

  -  March 11, 2014
Tune Ins plans to enter Thailand via acquisition of 49% stake in Osotspa Insurance Public Co Ltd. The proposed deal is subject to approval from Thailand's Office of Insurance Commission.  http://bit.ly/TAS140311d 

 

Posted by Loo Hai Tuesday, March 11, 2014 8:49:00 PM Categories: Tune
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Tune Ins closer to acquiring PT Batavia Mitratama 

Insurance News

  -  September 13, 2013
Tune Ins' proposed acquisition of PT Batavia Mitratama has been submitted to Financial Services Authority of Indonesia for approval.
Tune Ins closer to Jakarta deal - The Sun Daily KUALA LUMPUR: Tune Ins Holdings Bhd's plan to acquire 70 per cent stake in PT Batavia Mitratama Insurance is moving a step closer after the acquiree submitted a formal application on September 9, to the Financial Services Authority of Indonesia, for approval of the transaction.

 

Posted by Loo Hai Friday, September 13, 2013 7:15:00 PM Categories: Merger Tune
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Tune Ins to distribute other products digitally 

Insurance News

  -  September 4, 2013
Tune Insurance is planning to launch new simple products targeting its customer base and to be distributed digitally. The company also aims to open 5 new branches within the next 2 years. Its top line grew 40% and it achieved 10% underwriting profit in 2012 mainly due to its partnership with AirAsia. Each month it attracts 250,000 customers via travel insurance purchased by AirAsia's passengers.
Takeover puts Tune Insurance on rapid growth - Business Times KUALA LUMPUR: Tune Insurance Malaysia Bhd's business has grown rapidly since it was acquired by Tune Ins Holdings Bhd in May last year, says chief exceutive officer Danie Su Tieng Teck.

 

Posted by Loo Hai Friday, September 6, 2013 6:58:00 PM Categories: Product Tune
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