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Insurer raises funds for charity

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ZURICH Insurance Malaysia Berhad recently helped raised funds to support the Spastic Children’s Association of Selangor and Federal Territory (SCASFT). Through its Global Community Week (GCW), a corporate social responsibility (CSR) that is aimed at&hellip

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Liberty Insurance optimistic on growth

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Liberty Insurance Bhd is optimistic about its business growth this year, supported by its automotive insurance segment. Its chief executive officer David Tan See Dip said the automotive segment now contributed 75% to the company’s&hellip

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Al Rajhi Bank Launches New Medical Plan

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May 26 (Bernama) — Al Rajhi Bank has launched a new medical plan, i-Medic, offering affordable and comprehensive medical and hospitalisation coverage. The new product is in partnership with AIA PUBLIC Takaful Bhd. “i-Medic will&hellip

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Takaful confirms buying RM85 million 1MDB sukuk bond

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Syarikat Takaful Malaysia Berhad (Takaful Malaysia) today revealed that it bought a RM85 million Islamic bond from 1Malaysia Development Berhad (1MDB) in 2009, but the Islamic insurance company assured that the investment was low-risk. Takaful&hellip

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AIA appoints first woman CEO from Asia-Pac

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KUALA LUMPUR: Life insurer AIA Bhd has appointed its first ever woman chief executive officer from the Asia-Pacific region. Anusha Thavarajah, who joined the firm in October 2011 as deputy general manager of finance and&hellip

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Takaful Malaysia on the lookout for M&A

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Syarikat Takaful Malaysia Bhd, which expects a record year in 2015, is looking to buy a local takaful company in 2017 as composite insurers and takaful players will be required to split their life and&hellip

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