Artikel sedang dibaca pengunjung
  Takaful Ikhlas aims for 20 pct share of Takaf
  Insurance industry expanding further
  Takaful Ikhlas disburses RM411,000 to cancer
  Implement National Health Insurance carefully

Topik Pilihan
  HLTM Takaful
  Business Times
  Takaful perubatan
  Bank Negara Malaysia

Topik: Bank Negara Malaysia

Source: The Star, 21st April 2010

The Government and insurance industry players will jointly set up a new company (newco) to solely undertake the proposed third-party bodily injury and death insurance scheme (TPBID).

Bank Negara financial sector development department director Abdul Rasheed Ghafur said the Finance Ministry would hold a majority stake in the newco and it would be mandatory for motor players to participate in its operations.

There are currently some 30-plus insurers, including takaful players, offering motor insurance in the country.

Teruskan Membaca

Source: The Edge Daily, 25th May 2009

Bank Negara Malaysia (BNM) expects Malaysian insurance and takaful sector to be affected by potential lower demand for protection and related products in a highly competitive industry.

The expected decline in vehicle sales would impact the motor insurance and takaful business which accounted for 45% of gross insurance premiums last year, it said in its Financial Stability and Payment Systems Report 2008.

“Premiums are also likely to be affected to an increase in surrender rates and lower sums insured,” it said, adding policyholders would want to reduce costs.

It cautioned claims were expected to intensify due to higher incidences of theft and fraud and less regular maintenance.

Teruskan Membaca

10 Artikel Pilihan

  • Acute shortage of talent may dampen local tak
  • Up Close and Personal with Datuk Syed Moheeb
  • HLTM Takaful expects AUD30 million subscripti
  • Takaful IKHLAS launches Ikhlas Hajj Saving Ta
  • Takaful Ikhlas disburses RM411,000 to cancer
  • HSBC Amanah Takaful upbeat on premium income
  • Foreign players encouraged to form takaful ti
  • Takaful Malaysia gets boost from AA Syariah R
  • New Takaful Ikhlas branch in Putrajaya
  • Takaful players counting on non-bumiputra age