Subject: Takaful Page 3 / 5
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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.
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- August 31 2017
Takaful sector remains an underperformer
The industry remains hounded by issues that prevent it from achieving greater heights, says Gulf Times.
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- August 4 2017
Bright future for Malaysia’s general takaful sector
The industry is forecast to take up a 20% market share in the country's insurance sector by 2020.
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- June 26 2017
Malaysian insurers to develop digital platform
The deal will set the foundation for a full-service life insurance and takaful aggregator portal.
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- May 24 2017
Malaysian liberalisation could raise penetration rate to 75%
The insurance and takaful penetration rate in the country has ranged between 54% and 56% over the last five years.
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- May 23 2017
Foreign insurers eyeing up Syarikat Takaful Malaysia
A number of foreign insurers have reportedly expressed interest in acquiring the takaful operator.
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- April 27 2017
Allianz and HSBC fail to reach Malaysia deal
The German insurer's bid to buy HSBC Amanah Takaful has ended after the camps failed to find agreement.
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- February 28 2017
Malaysia’s takaful industry posts double-digit growth
The Malaysian Takaful Association says 2016 represented another year of good growth for Islamic insurance.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.
