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Topik: Business Times

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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Takaful Malaysia spending RM15m on rebranding

Source: Business Times, 14th November 2009

Syarikat Takaful Malaysia Bhd, the country’s oldest Islamic insurer, has pledged RM15 million on a re-branding exercise to help the company recapture its lead in the takaful industy.

At its anniversary celebrations last Wednesday, Takaful Malaysia unveiled its new modern, young and energetic logo – a facelift which will see transformation in the company’s overall theme and approach to the industry.

Finance Minister II Datuk Haji Ahmad Husni Mohamad Hanadzlah officially unveiled the logo in Kuala Lumpur.

Also included in the company’s re-branding exercise are physical refurbishments of its 13 platinum branches and all its outdoor billboards and signages.

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MAA Takaful wins top product award

Source: Business Times, 5th November 2009

MAA Takaful Bhd has won the “Most Outstanding Takaful Product” for its Takafulink product at the Sixth Kuala Lumpur Islamic Finance Awards Ceremony 2009 in Kuala Lumpur.

Its chief executive officer Salim Majid Zain said in a statement today that winning the award was a significant achievement for MAA Takaful.

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