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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.

Insurance News

17 Nov 2012  -  Public
 
Life insurer's response to PRS - Great Eastern has launched a deferred annuity plan called Great Retirement Plan which takes advantage of the RM3,000 tax relief made available for retirement savings. Policyholders can choose retirement age of 55 or 60 with 15 and 10 years respectively of guaranteed yearly income.http://bit.ly/TAS1117a
BERNAMA - Great Eastern Launches 'Great Retirement Plan »
KUALA LUMPUR, Nov 16 (Bernama) -- Great Eastern Life Assurance (Malaysia) Bhd today launched the 'Great Retirement plan', a first-of-its-kind retirement plan with a guaranteed yearly income for 10 or ...

Insurance News

16 Nov 2012  -  Public
 
Manulife will gear up its agents to target employers rather than the man on the street in promoting participation in PRS. http://bit.ly/TAS1116a


MANULIFE Asset Management (Malaysia) Sdn Bhd plans to encourage employers to urge their employees to participate in its Private Retirement Scheme (PRS), its top executive said.

Insurance News

12 Nov 2012  -  Public
 
CIMB-Principal is the second PRS provider to go live with 2 schemes: CIMB-Principal PRS Plus and CIMB Islamic PRS Plus. There are 5 funds available under each scheme: Conservative, Moderate, Growth, Equity and Asia Pacific Ex Japan Equity. http://bit.ly/TAS1112a


CIMB-Principal Asset Management Bhd has received Securities Commission (SC)'s approval for its Private Retirement Scheme (PRS) funs, CIMB-Principal PRS Plus and CIMB Islamic PRS Plus.

Insurance News

11 Nov 2012  -  Public
 
Travis Atkinson is the new CEO for AmG and Kurnia while Duncan Brain moved on to be IAG's Head of Southeast Asia. http://bit.ly/TAS1111b
AmBank appoints Atkinson to head AmG Insurance, Kurnia Insurans »
AmBank Group has appointed Travis Atkinson as chief executive officer of AmG Insurance Bhd and Kurnia Insurans (Malaysia) Bhd.

Insurance News

11 Nov 2012  -  Public
 
The reason of Friends Life pulling out of AmLife and AmTakaful is that they do not want to participate in inorganic growth for which AMMB is very much interested in. http://bit.ly/TAS1111a


KUALA LUMPUR: AMMB Holdings Bhd hopes that talks with Friends Life FPL for the latter's 30 per cent stake in AmLife Insurance Bhd and AmFamily Takaful Bhd will be completed by end of this year.

 

Posted by Loo Hai Monday, November 19, 2012 10:30:00 AM Categories: AmG AmMetLife AmMetLife Takaful Executive Movement Great Eastern Kurnia Manulife PRS
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