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Topik: Business Times

Source: Business Times, 1st October 2009

FITCH Ratings has today affirmed the Insurer Financial Strength (IFS) Rating of Malaysia-based HSBC Amanah Takaful (Malaysia) Sdn Bhd (HSBCAT) at ’A-’. The outlook is stable.

Fitch views HSBCAT as an important member of HSBC Holdings Plc (’AA’/Negative) and its rating is underpinned by the group’s ability and willingness to provide on-going support.

HSBCAT benefits tremendously from its parent’s well-recognised brand name, product and distribution capabilities, and other management resources.

The rating also reflects HSBCAT’s healthy capitalisation, conservative investment mix and prudent management.

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Source: Business Times, 14th September 2009

Singapore life insurance giant Great Eastern Holdings Ltd is putting the final touches to its plans to start takaful operations in Malaysia, with the latest move being the hiring of a top executive to lead the unit.

Sources told Business Times that the insurer had roped in former Prudential BSN Takaful Bhd chief executive officer Mohamad Salihuddin Ahmad to head its future Islamic insurance operations.

The sources said that Salihuddin was hand-picked by Great Eastern Holdings group chief executive officer Ng Keng Hooi.

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Source: Business Times, 4th May 2009

Prudential BSN Takaful Bhd (PruBSN) recently launched its newest business centre at TTDI Jaya, Shah Alam, Selangor.

The centre is a convenient one-stop hub which will serve as a customer service centre and will also house regional agents who are given office and training room facilities that are provided on the upper floors.

With a strong presence of six PruBSN agencies in Shah Alam, the new business centre will act as the focal point that aims to support the growing business of this region, the company said in a statement.

“We always believe in providing full scale facilities and top notch customer service to all our valued certificate holders. In line with PruBSN’s growth strategy, we actively seek and identify new locations across the country to provide our services based on the development of the local business.

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