Industry Segments: Takaful Page 1 / 4
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- December 13 2019
Malaysian Re moves into family retakaful
The reinsurer sees significant opportunities as it teams up with Pacific Life Re.
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- December 5 2019
Malaysia’s market under transformation: Malaysian Re
Motor detariffication will let the market become better capitalised and more competitive.
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- February 28 2019
Zurich Takaful Malaysia promotes for CEO
Mukesh Dhawan handed chief executive role.
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- August 17 2018
Etiqa Takaful seeks to expand further into Asean
The move aims to boost its takaful and general insurance brand within the region.
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- August 7 2018
Philippines not ready for takaful
The Insurance Commission has said that the country is not yet ready to introduce Islamic insurance.
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- July 9 2018
Takaful insurers still struggle to gain foothold in local markets
Firms have not been able to differentiate themselves adequately from conventional insurance companies.
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- June 4 2018
Takaful Malaysia converts its composite licence to allow split
The company is splitting into two entities, one focused on family takaful and one on general takaful.
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- April 20 2018
Maybank eyes listing of its insurance arm Etiqa
The rumoured sale is estimated by some analysts to be worth at least US$1 billion but remains unconfirmed.
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- April 17 2018
Maybank bullish on Etiqa’s future
The insurance and takaful arm of Maybank is expected to see a boost as a result of increasing interest rates.
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- April 10 2018
South-East Asia, Africa to drive takaful growth
New markets outside the GCC, Malaysia and Turkey are expected to drive growth of the Islamic insurance industry.
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- March 27 2018
Malaysia to revise takaful framework
The new approach aims to create an environment that fosters innovation, according to the central bank.
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- March 22 2018
Etiqa reports record profits for 2017
The Malaysian insurer said its pre-tax earnings reached a record US$280m, up 18.5% from 2016.
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- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
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- February 28 2018
Malaysia’s general insurance, takaful to stay flat in 2018
Competitive pressures, tariff liberalisation and weak consumer sentiment are all affecting the industry.
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- January 25 2018
Malaysia’s Great Eastern Takaful appoints new CEO
Shahrul Azlan Shahriman, former Prudential BSN Takaful head of distribution, took up the job on Monday.
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- January 14 2018
Hong Leong MSIG Takaful appoints new CEO
The Malaysian takaful firm has named Modh Asri Omar as its new chief executive officer.
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- January 12 2018
Takaful outpaces conventional insurance in Malaysia
Family and general takaful in the country grew by 7.5% and 5.9%, respectively, in the first half of 2017.
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- November 1 2017
Insurance, takaful remain unpopular in Malaysia
The country's central bank governor urged the industry to focus on the underserved segment of the market.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 2 2017
Etiqa completes acquisition of Indonesian insurer
Maybank's wholly-owned insurance arm has completed its acquisition of Asuransi Asoka Mas for US$15.35m.
