Industry Segments: Takaful Page 2 / 5
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- July 14 2021
Zurich promotes Junior Cho to Malaysia country head
The industry veteran is CEO of the insurer's Malaysia GI arm and succeeds Stephen Clark.
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- July 5 2021
Malaysia plans RBC changes for (re)insurers and takaful firms
The central bank wants to update frameworks to make capital adequacy measures more consistent.
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- June 29 2021
Munich Re’s Singapore syndicate eyes renewables, cyber
The specialty (re)insurer saw double digit growth in 2020 and is in expansion mode.
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- April 21 2021
Munich Re launches Labuan’s first retakaful syndicate
MRS Labuan aims to capture market share in Malaysia's fast-growing Islamic insurance sector.
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- September 4 2020
Etiqa unveils takaful CEO as it hunts for Asean deals
The Malaysian firm recently expanded into Cambodia.
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- March 10 2020
Zurich Malaysia’s takaful arm switches P&C CEO
Nazrul Hisham Abdul Hamid has taken over from Zuhairi Ismail.
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- January 6 2020
Former Zurich exec to head Munich Re Malaysia
Serena Thio will lead the reinsurer's global life and health retakaful business.
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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.
