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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. 

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AIA Public Takaful to launch 11 products 

Insurance News

  -  March 2, 2014
AIA has completed its integration of its two takaful entities and is on track to launch 11 new products this year.  http://bit.ly/TAS140302a 


Posted by Loo Hai Sunday, March 2, 2014 8:30:00 PM Categories: AIA AIA AFG Product
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Alliance's pull out facilitates merger of AIA AFG and ING PUBLIC Takaful Ehsan 

Insurance News

  -  Mar 12, 2013
Alliance Financial Group is pulling out from the AIA AFG Takaful joint venture by selling its 30% stake to AIA for RM45 mil. The sale of the stake is expected to path the way for the merger of AIA AFG with ING PUBLIC Takaful Ehsan. Public Bank owns a stake in the latter and it could be too complicated to merge the 2 entities if Alliance continues to hold equities in AIA AFG Takaful.
AIA to wholly own takaful unit - The Edge KUALA LUMPUR: ALLIANCE FINANCIAL GROUP BHD [] (AFG) is divesting its 30% equity interest in AIA AFG Takaful Bhd to American International Assurance Bhd (AIA Malaysia) for RM45 million.


Posted by Loo Hai Tuesday, March 12, 2013 10:36:00 PM Categories: AIA AIA AFG ING Public Takaful Merger
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