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Tuesday, 14 August 2012

News Posts 20120806-20120812


Insurance News 9 Aug 2012  -  Public
Apparently AIA and Manulife are the only 2 bidders left which are interested in buying the entire ING's Asian insurance units (excluding Japan's annuities business). As the bids are unattractive, ING is likely to sell its Asian business piecemeal. http://bit.ly/TAS0809d
AMSTERDAM: Dutch bank and insurer ING is likely to sell its Asian insurance business, worth about US$7bil, in several separate deals in an attempt to get the highest price and speed up the divestment ...

Insurance News 9 Aug 2012  -  Public

Great Eastern's Group CEO admitted that GE did look into ING and CIMB Aviva as potential acquisition targets but decided to drop them in the end due to lack of strategic fit. http://bit.ly/TAS0809a

Insurance News 7 Aug 2012  -  Public
According to the 1st lady MDRT agent from Takaful Ikhlas, many Malaysians do not understand the importance and difference between takaful and the conventional insurance. Do you agree and what can be done to change this?http://bit.ly/TAS0807b
By Prem Kumar Panjamorthy KUALA LUMPUR, Aug 7 (Bernama) -- Many Malaysians do not understand the importance and difference between takaful and the conventional insurance, says Zuraidah Hanim Ibrahim, ...

Insurance News 7 Aug 2012  -  Public

Datuk Syed Moheeb has resigned from Takaful Ikhlas. When approached by the reporter, he mentioned: "I've been postponing my retirement for some time now". But he was also quoted saying that he would continue to contribute his experience to the industry. http://bit.ly/TAS0807a
by Habhajan Singh Datuk Syed Moheeb Syed Kamarulzaman (picture) will be leaving Takaful Ikhlas Sdn Bhd after building up the homegrown takaful outfit from the ground up to become the nation's third-la...

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