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Monday, 16 January 2012

News Posts 20120108-20120114


Insurance News  -  14 Jan 2012 -  Public
Manulife targets NB growth of 40% this year, to be achieved via an additional 1,800 agents, 25 more branch managers, 2 to 3 more regional support centres and launching more retirement, education and medical insurance products. http://bit.ly/yeW9ln

KUALA LUMPUR: Manulife Holdings Bhd expects its new business insurance premiums to increase by 40% this year. It plans to achieve the target through initiatives to expand its recruitment base and its ...
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Insurance News  -  13 Jan 2012  -  Public
ING has scrapped the plan to list its combined European and Asian insurance and investment operations. Instead the Asian operations are likely to be sold separately as it attracts strong interest. Interest parties apparently include Prudential US and Manulife. http://reut.rs/AfZDMo

* Strong interest received for Asia Insurance -CEO* Asia/Pacific Insurance worth around EUR 5 bln* There is no IPO market in Europe - ING CEO* European insurance spin-off possible - CEO* ING shares
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Insurance News  -  11 Jan 2012  -  Public
Zurich is looking seriously into resolving the issue of holding 2 insurance licences: MAA and MCIS Zurich. It did not however disclose the options that are being explored nor the timeline needed to resolve the issue. http://bit.ly/xcePki
KUALA LUMPUR: Zurich Insurance Co Ltd, which has taken over the life and general insurance businesses of MAA Group Bhd, will resolve the issue of having a dual presence in the insurance sector.
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Insurance News  -  9 Jan 2012  -  Public
LPI has reported a strong set of financial figures largely contributed by its general insurance arm.http://bit.ly/zJvvdO

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Insurance News  -  9 Jan 2012  -  Public
Housing developers will be required to purchase insurance for their new projects in a move to safeguard buyers, http://bit.ly/xTwfPq

SEREMBAN: Housing developers will be required to purchase insurance for their new projects in a move to safeguard buyers, Housing and Local Government Minister Datuk Seri Chor Chee Heung said.
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Insurance News  -  9 Jan 2012  -  Public
Mohd Din Merican has been appointed President and CEO of MNRB. Din was previously CEO of Etiqa Insurance Bhd, as well as the President of LIAM. As MNRB is not a member company of LIAM, Din has stepped down as LIAM's President, his position in LIAM was filled by Vincent Kwo.http://bit.ly/yFeIMY

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Insurance News  -  9 Jan 2012  -  Public
AmTakaful has commenced its family takaful business with effect from today. http://bit.ly/yLXVMIhttp://bit.ly/zv4ZER

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Insurance News  -  9 Jan 2012  -  Public
LIAM has appointed Vincent Kwo and Khor Hock Seng as its new President and Vice President respectively, effective 1 January 2012. http://bit.ly/AB7Q5C

05 January 2012. LIAM has New President and Vice-President - Press Release by LIAM. Kuala Lumpur, Thursday, 5 January, 2012: LIAM is pleased to inform that Mr Vincent Kwo Shih Kang, Chief Executive Of...

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