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Topik: AIA Public Takaful

AIA AFG Takaful Integrates With AIA Public Takaful Under Single Licence

Source: Bernama, 1st March 2014

Life insurer, AIA, has integrated its Takaful companies, AIA AFG Takaful Bhd and AIA Public Takaful Bhd under a single licence and brand.

The new entity, to be known as AIA Public Takaful Bhd, is jointly owned by AIA Co. Ltd, Public Bank Bhd and Public Islamic Bank Bhd, AIA said in a statement today.

AIA Public Chief Executive Officer Wan Azman Wan Mamat said the company is strengthening its multi-distribution channels through innovative recruitment activities and business collaboration with reputable partners.

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Takaful Ehsan to expand marketing branch offices

Source: The Star, 14th September 2012

ING Public Takaful Ehsan Bhd (Takaful Ehsan) will expand its operations by opening more marketing branch offices nationwide from early next year.

Its chief executive officer, Saiful Yazan Ahmad said at the initial stage the company is targeting to establish offices in several states in the north and east including Terengganu and Kedah. With the opening of more branch offices, he said the company would be able to achieve the target of RM90mil in premium contribution from policy holders by year-end.

He was speaking to Bernama after launching the latest product, Investment-Linked Takaful Education (ILT-Education) and the first marketing branch office at Jalan Sri Cemerlang, here yesterday.

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ING Public Takaful expects to break even in 2 years

Source: Business Times, 6th April 2011

Newly-launched ING Public Takaful Ehsan Bhd expects to break even in two years before controlling a 10 per cent market share of the Islamic insurance sector by 2015.

ING Public Takaful is a strategic alliance between ING Management Holdings (Malaysia) Sdn Bhd with a 60 per cent stake, and Public Bank Bhd and Public Islamic Bank Bhd – with 20 per cent each.

Chief executive officer Saiful Yazan Ahmad said ING Public Takaful will embark on a three-pronged strategy to grow its market share to 10 per cent with projected contributions of over RM800 million by 2015.

“The company will have the advantage of leveraging in ING and PBB Group’s leadership positions, and established infrastructure in the insurance and banking industries to drive growth and solidify its position in the family takaful space,” he told reporters after the company’s launch here yesterday.

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