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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 countryís life and takaful penetration target of 75 per cent by 2020.

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GST ends on AIBIM Bank services & products
RHB Islamic Bank CEO is new AIBIM President

 
Islamic Financial Institutions should adopt IIFM standards

Zero GST for life, general insurance and Takaful products
Takaful Malaysia converts composite licence to single licences

 
Taiwan's Shinkong Insurance company gets excellent ratings

CLOSING, MONDAY, JUNE 18
US 3.9960/9990
S'pore 2.9580/9611
100 Yen 3.6147/6177
Sterling 5.2935/2979
Euro 4.6342/6384
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 Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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