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It’s business as usual for insurers

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It’s early days yet to gauge the impact of the detariffication of motor insurance premiums on the listed insurers as they take time to adjust to how the competition reacts. Since last Saturday, insurance companies&hellip

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Allianz still eyeing takaful ops

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Allianz Malaysia Bhd is still keen on venturing into the takaful business and will continue to be on the lookout for such opportunities. This follows as talks to purchase HSBC Amanah Takaful was discontinued recently,&hellip

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Foreign insurers eye stake in Syarikat Takaful

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Syarikat Takaful Malaysia Bhd, which is a target for acquisition, could see the entry of a foreign-based insurer buying up a stake in the country’s oldest takaful company. BIMB Holdings Bhd, which owns 60% stake&hellip

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Employment Insurance Scheme in 2018

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The Employment Insurance System giving employees financial help, upskilling opportunities and job counselling will come into effect in 2018. These long-term benefits will not only protect them but help their bosses as well. The Employment&hellip

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AIA counts on family takaful to drive growth

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Life insurer AIA Bhd expects its family takaful business to continue driving its earnings in 2017, following a strong performance last year. For its financial year ended Nov 30, 2016, chief executive officer Anusha Thavarajah&hellip

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MEF ‘no’ to retrenchment insurance plan

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The Malaysian Employers Federation has objected to the proposed Employment Insurance Scheme (EIS). “It will be an additional burden to the already high cost of doing business and will make Malaysian employers less competitive, especially&hellip

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