Insurance News 8 Sep 201 - Public
Peaceful picketing – BorneoPost Online | Borneo , Malaysia, Sarawak Daily
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(吉隆坡3日訊)近千名馬來西亞大東方壽險代理員公會(GELFAAM)與馬來西亞大東方集團經理公會(GSM)的會員舉行和平請願行動,要求公司管理層正視代理的福利與問題。
It is confirmed that Sanlam is eyeing
49% equity stake in P&O. BNM has granted approval for the preliminary
negotiations to proceed.http://bit.ly/TAS0908a
KUALA LUMPUR: Pacific & Orient Bhd has obtained
approval
from Bank Negara Malaysia to begin preliminary negotiations for the proposed divestment of its equity interest in Pacific & Orient Insurance Co Bhd.
from Bank Negara Malaysia to begin preliminary negotiations for the proposed divestment of its equity interest in Pacific & Orient Insurance Co Bhd.
PruBSN's market share hit 29.1%,
according to its CEO. The company would focus on product innovation, meeting
customers' needs and building wide distribution network to stay as No. 1. http://bit.ly/TAS0907a
KUALA LUMPUR: Prudential BSN Takaful (PruBSN) intends to
maintain its position as the number one takaful operator in Malaysia this year, said its chief executive officer, Azim K. Mithani.
maintain its position as the number one takaful operator in Malaysia this year, said its chief executive officer, Azim K. Mithani.
Maybank launched 2 retirement
products: 1) Smart Retirement - RP endowment (20 or 30-year term) with
guaranteed yearly cash payout. 2) Golden Retirement - SP investment-linked plan
with 10 years guaranteed payout, each payout is 11% of SP. http://bit.ly/TAS0906a
Malayan Banking Bhd has launched two
new retirement plans, tapping into a growing market segment and targeting to
garner some RM250mil in premiums in the first year.
Buyers of ING's Asian units are asked
to to acquire part of the Japanese unit together with the Southeast Asian and
HK business, according to an unconfirmed source. http://bit.ly/TAS0905a
ING Groep NV, facing a regulatory deadline to sell its
insurance business, is pressing prospective buyers of operations in Southeast
Asia and Hong Kong to also acquire part of its Japanese unit, three people with
knowledge of the matter said.
Great Eastern pointed out that the
picketing yesterday was by a small group of its 17,000 agents and did not represent
the majority. Most outstanding agency issues had been addressed through
bilateral dialogues and the company had to balance the interests of
shareholders, policyholders, agents and other interested parties in its
decision. http://bit.ly/TAS0904c
(吉隆坡3日訊)大東方壽險有限公司指出,今午在公司總部大廈前舉行和平請願者只是一小部份代理,他們的意見並不代表全體1萬7千名代理員的意見。
The picketing in Miri requested the
removal of the CEO of Great Eastern.http://bit.ly/TAS0904b

MIRI: Twenty- four life insurance
agents led by Great Eastern Life Field Force and Agents Association of Malaysia
(Gelfaam) Miri chairlady Tan Ah Choo (in a picket in front of the Great Eastern
Life A...
Great
Eastern's agents held peaceful picketing at 15 locations in the country
yesterday requesting management to resolve outstanding issues in the agency
contract and to treat agents as business partners and not as employees.http://bit.ly/TAS0904a
(吉隆坡3日訊)近千名馬來西亞大東方壽險代理員公會(GELFAAM)與馬來西亞大東方集團經理公會(GSM)的會員舉行和平請願行動,要求公司管理層正視代理的福利與問題。
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