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Takaful tag returned 13 results

  • Great Eastern to invest US$70 million in Axiata Digital's financial services business

    Great Eastern has announced a strategic investment of US$70 million in Axiata Digital's financial services (DFS) business, via a newly created holding company wholly owned by Axiata Digital, the digital services arm of Axiata Group Berhad.

    Date : 30 Jun 2020
  • Malaysia: NAMLIFA appeals for greater relief measures in COVID-19 crisis

    The National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA), has appealed for more measures to be introduced to lend a helping hand to policyholders and members in this Coronavirus (COVID-19) crisis.

    Date : 02 Apr 2020
  • Takaful sector in Indonesia to see sustained contribution growth

    Total general and family takaful contributions rose by 2% and 10% to IDR2.8tn ($202m) and IDR13.9tn in 2019, respectively (2018: 4% and 14%). For their conventional counterparts, the growth rates were 16% and 1%, respectively, notes Fitch Ratings.

    Date : 03 Mar 2020
  • Great Eastern Group CEO shares FY19 results, potential impact from COVID-19, and successful distribution

    Great Eastern Holdings has announced its financial results for the year ended 31 December 2019. Asia Advisers Network brings you the highlights, what Group CEO Khor Hock Seng said about the potential impact of the coronavirus to business and his views on what consumers look for when it comes to distribution.

    Date : 20 Feb 2020
  • Malaysia: Takaful shows steady penetration growth in last decade

    Malaysia's takaful segment recorded double-digit penetration rate of 15.5% in the first half of this year compared to 9.3% a decade earlier in 2009, reported state-run news agency Bernama.

    Date : 31 Dec 2019
  • Great Eastern partners Axiata Digital Capital to offer affordable insurance and takaful

    Axiata Digital Capital, a fintech service provider operating under the brand name Aspirasi, and Great Eastern, have signed a strategic partnership to provide affordable and customised insurance and takaful products across Malaysia and Indonesia for consumers, micro-entrepreneurs and SMEs. Fully digital, this will be offered on Aspirasi and its partner platforms.

    Date : 17 Dec 2019
  • Revolutionising Takaful - BNM Assistant Governor

    Bank Negara Malaysia Assistant Governor Encik Adnan Zaylani Mohamad Zahid spoke about "Leading in a Disruptive World - Revolutionising Takaful" at the Takaful Rendezvous organised by Asia Insurance Review. Asia Advisers Network brings you the highlights.

    Date : 10 Oct 2019
  • What's new in the market - 20 Sep 2019

    Another what's new article to give you a quick highlight of some of the latest industry news and developments.

    Date : 20 Sep 2019
  • Mukesh Dhawan appointed CEO of Zurich Takaful Malaysia

    Zurich Malaysia has announced the appointment of Mukesh Dhawan as the Chief Executive Officer (CEO) of Zurich Takaful Malaysia Berhad (ZTMB) effective 1 March 2019. In this role, Mukesh will be responsible for executing Zurich's strategic priorities to gain a more profitable foothold for its family takaful business in Malaysia. He succeeds Salim Majid Zain, who left the company in January 2019, and will report to ZTMB's Board of Directors.

    Date : 27 Feb 2019
  • Takaful prospects bright in Malaysia and Indonesia

    Malaysia's takaful segment will benefit from the government's push for affordable insurance and higher insurance penetration, particularly as Muslims dominate the country's population, while Indonesia's takaful industry is expected to benefit from developments in the broader shariah ecosystem over the long term, according to Fitch Ratings.

    Date : 22 Jan 2019