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Insurers call for more perks to spur M&As

The Star  26 March 2010

M'sia should look at successful M&A models in developed countries

By DALJIT DHESI

PETALING JAYA:  While the consolidation in the insurance industry will result in stronger insurance entities that will instil greater confidence among consumers, industry players feel proper incentives are lacking to facilitate mergers and acquisitions (M&As).

An industry source said Malaysia still lacked proper tax breaks for successful M&As.

For more news update, please login - Member Section - Reference Materials - Newspaper Clipping 2010

Last Updated ( Monday, 29 March 2010 )
 
Gabung industri insurans wujud banyak peluang

Utusan Malaysia  25 March 2010

KUALA LUMPUR  24 Mac  -  Penggabungan sektor insurans tempatan digalakkan kerana ia mampu mewujudkan lebih banyak peluang kepada peserta untuk memasuki pasaran yang belum lagi diterokai, kata Gabenor Bank Negara Malaysia, Tan Sri Zeti Akhtar Aziz.

Pada masa ini, terdapat 40 syarikat insurans beroperasi di negara ini. Daripada jumlah itu, 24 syarikat insurans am, sembilan insurans hayat dan tujuh insurans pampasan.

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Last Updated ( Monday, 29 March 2010 )
 
Industri insurans, takaful dikaji semula

Utusan Malaysia  25 March 2010

KUALA LUMPUR  24 Mac  -  Dalam menghadapi cabaran landskap sosio ekonomi yang sentiasa berubah, Bank Negara Malaysia (BNM) akan terus mengkaji semula dan memperhalusi pendekatan pengawalan dan penyediaan untuk industri insurans dan takaful.

BNM dalam laporannya di sini berkata, langkah itu bertujuan memastikan bahawa para peserta kekal berdaya saing, responsif dan progresif dalam memenuhi keperluan rakyat Malaysia.

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Last Updated ( Monday, 29 March 2010 )
 
Healthcare fight not over

New Straits Times  24 March 2010

CHICAGO:  After failing to kill healthcare reform in Washington, Republicans are taking their fight to the states and the courts to block a key measure which requires most people to buy insurance or pay a fine.

The attorneys-general of at least 12 states plan to file a suit challenging the constitutionality of the federal mandate after President Barack Obama signed the bill into law yesterday.

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Last Updated ( Monday, 29 March 2010 )
 
TM Asia Life offers new product

New Straits Times  23 March 2010

INSURER TM Asia Life Malaysia Bhd expects its new product Life Protector Excel to generate RM10 million in sales this year.  Life Protector Excel is a value for money premium plan, which offers comprehensive coverage for death, total and permanent disablement, dreaded diseases, double indemnity on accidental death and hospitalisation benefit.

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Last Updated ( Saturday, 27 March 2010 )
 
TM Asia Life lancar Life Protector Excel

Utusan Malaysia  23 Mac 2010

KUALA LUMPUR  22 Mac  -  TM Asia Life Malaysia Bhd. (TM Asia Life) yang melancarkan Life Protector Excel menyasar untuk meraih premium sebanyak RM10 juta menjelang hujung tahun ini.

Life Protector Excel adalah pelan bayaran balik premium yang menawarkan perlindungan paling komprehensif termasuk kematian, kehilangan upaya kekal dan menyeluruj. 36 penyakit kritikal, pampasan berganda bagi kematian akibat kemalangan dan manfaat kemasukan hospital.

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Last Updated ( Saturday, 27 March 2010 )
 
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