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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.

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AmMetLife Takaful appoints new CEO 

AmMetLife Takaful has appointed Mohamad Salihuddin as the new CEO effective from today. http://j.mp/TAS1500511a

Monday, May 11, 2015 7:27:00 PM Categories: AmMetLife Takaful
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MetLife to replicate takaful capabilities in other Muslim markets 

Insurance News

  -  May 19, 2014
MetLife plans to leverage the takaful product skills and knowledge it gains from AmMetLife Takaful and replicate it in other Muslim markets such as Bangladesh, the Middle East and Indonesia.  http://bit.ly/TAS140519a 

 

Posted by Loo Hai Monday, May 19, 2014 9:20:00 PM Categories: AmMetLife Takaful MetLife
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AmMetLife and AmMetLife Takaful unveiled 

Insurance News

  -  May 6, 2014
AmLife and AmTakaful have been rebranded to AmMetLife and AmMetLife Takaful as a result of the strategic partnership between AmBank Group and MetLife.  http://bit.ly/TAS140506a 

 

Posted by Loo Hai Tuesday, May 6, 2014 9:08:00 PM Categories: AmMetLife AmMetLife Takaful MetLife
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MetLife and AMMB inked RM812 mil deal 

Insurance News

  -  April 28, 2014
AMMB and MetLife today inked a RM812 mil deal witnessed by President Obama. The deal involves selling 50% + 1 share in AmLife and 50% - 1 share in AmTakaful valued at RM740 mil and RM72 mil respectively. MetLife would also secure 20-year exclusive bancassurance distribution rights through AmBank and AmIslamic under the deal. The share sales exercises is expected to be completed by 30 April.  http://bit.ly/TAS140428a 

 

Posted by Loo Hai Monday, April 28, 2014 7:21:00 PM Categories: AmMetLife AmMetLife Takaful Merger MetLife
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MetLife got the nod 

Insurance News

  -  April 2, 2014
MetLife has received approval from BNM to proceed with its equity pariticipation in AmLife and AmTakaful.  http://bit.ly/TAS140402a 

 

Posted by Loo Hai Wednesday, April 2, 2014 10:21:00 PM Categories: AmMetLife AmMetLife Takaful Merger
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AMMB still waiting for BNM's Approval to partner MetLife 

Insurance News

  -  February 19, 2014
AMMB hopes to obtain BNM's approval by 31/3/2014 for its partnership with MetLife.  http://bit.ly/TAS140219c

 

Posted by Loo Hai Wednesday, February 19, 2014 9:13:00 PM Categories: AmMetLife AmMetLife Takaful Merger
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BNM gave green light to AMMB 

Insurance News

  -  August 27, 2013
BNM has given green light to AMMB to commence negotiations with potential strategic partners for equity participation in its life and takaful businesses.
AMMB gets BNM's nod - The Sun Daily PETALING JAYA (Aug 26, 2013): AMMB Holdings Bhd (AmBank Group) has received Bank Negara Malaysia's (BNM) nod to commence negotiations with "several shortlisted global insurers" to establish a new strategic partnership for its life insurance and family takaful businesses.

 

Posted by Loo Hai Tuesday, August 27, 2013 6:59:00 PM Categories: AmMetLife AmMetLife Takaful BNM Merger
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