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Axa Affin General Insurance Wins 5 Awards At World HRD Congress 2018

KUALA LUMPUR, Feb 22 (Bernama) -- Axa Affin General Insurance Berhad (AAGI) won five awards from the Global HR Excellence Awards and the 12th Employer Branding Awards at the World HRD Congress 2018 held recently at Taj Lands End, Mumbai, India.

Takaful IKHLAS Bags Best Provider Award

KUALA LUMPUR, Feb 15 (Bernama) -- Takaful Ikhlas Bhd has bagged the Southeast Asia Islamic Business and Finance Award for the Best General Takaful Provider from CPI Financial.

Takaful IKHLAS Wins Southeast Asia Islamic Business & Finance Award

KUALA LUMPUR, Feb 15 (Bernama) -- Takaful Ikhlas Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd (MNRB), has recently won the Southeast Asia Islamic Business and Finance Award for the Best General Takaful Provider from the CPI Financial.

Life Insurance Industry Records Strong Growth In 2017

KUALA LUMPUR, Feb 14 (Bernama) -- The life insurance industry continued its upward trend in 2017 with higher insurance protection for Malaysians, providing coverage amounting to RM1.38 trillion in sum assured for all policies combined.

Provident Insurance's Credit Ratings Remain Unchanged - A.M. Best

KUALA LUMPUR, Feb 13 (Bernama) --The financial strength rating of Provident Insurance Corp Ltd (Provident) New Zealand remains at B++ (good) and the long-term issuer credit rating at 'bbb', while the outlook of these ratings remains stable, according to A.M. Best.

AmMetLife Takaful, AmBank Islamic Aim 6,000 Applications For  ProtectSecure-i Murni

KUALA LUMPUR, Feb 12 (Bernama) -- AmMetLife Takaful Bhd and AmBank Islamic Bhd target 6,000 applications, worth in excess of RM12 million in terms of annual contributions for the newly launched ProtectSecure-i Murni plan by the end of this year.

PIAM To Help Reduce Accidents By 20 Pct In 2018

KUALA LUMPUR, Feb 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has set a stretched target to help reduce road accidents nationwide by 20 per cent this year from 521,466 recorded in 2016 and by 50 per cent from 2020 onwards in collaboration with enforcement agencies.

China's Insurance Industry Expects To Grow

KUALA LUMPUR, Feb 2 (Bernama) -- China's insurance industry is expected to continue to grow, with new rules on short-term life products and growth in non-motor property insurance.

AIA Seeks To Recruit More Bumiputera Insurance Agents

KOTA KINABALU, Jan 31 (Bernama) -- AIA Group Ltd is looking at recruiting more insurance agents from among Bumiputeras to provide awareness on insurance protection to the community, and hence, help Bank Negara Malaysia (BNM) meet the country’s life and takaful penetration target of 75 per cent by 2020.

FMG Insurance Credit Ratings Affirmed

KUALA LUMPUR, Jan 30 (Bernama) -- A.M. Best has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of 'a' of FMG Insurance Ltd. (FMGIL) New Zealand and the outlook of these ratings is stable.

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Bank Islam Launches Sadaqa House
RAM Ratings Withdraws AmBank Islamic's Issue Rating

 
Ram Ratings Reaffirms Maybank Islamic's AAA/Stable/P1 Ratings

Axa Affin General Insurance Wins 5 Awards At World HRD Congress 2018
Life Insurance Industry Records Strong Growth In 2017

 
Provident Insurance's Credit Ratings Remain Unchanged - A.M. Best

MIDDAY, FRIDAY, FEB 23
US 3.9030/9080
S'pore 2.9544/9597
100 Yen 3.6507/6564
Sterling 5.4431/4521
Euro 4.8030/8104
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
 

 
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