Insurance News
23 Sep 2012 - Public
BNM is considering giving more
flexibility to insurance companies to set their own commission levels. The
liberalisation of commissions will also be accompanied by more transparency
(commission disclosure?) to protect the policyholders. BNM is also evaluating
measures including incentives to encourage more agents to become financial
advisors. http://bit.ly/TAS0923a
（吉隆坡22日訊）國家銀行副總裁拿督莫哈末依布拉欣指出，國行正考慮給予保險業與公司更多靈活性，以擬定適合個別經營理念的傭金架構。
Prudential is likely to appoint
Philip Seah as its new CEO, replacing Charlie Oropeza who stepped down on 12/9.
Seah's appointment is apparently pending approval from BNM. http://bit.ly/TAS0922a
KUALA LUMPUR: Prudential Assurance
Malaysia Bhd is expected to appoint Philip Seah, former head of Prudential
group's unit in Singapore, as it new chief executive officer.
Is it true that GETSB's CEO is
quitting this month? Where is he going then?http://bit.ly/TAS0921a
KUALA LUMPUR: Great Eastern Takaful Sdn Bhd's chief executive
officer Mohamad Salihuddin Ahmad is quitting the company he helped set up in
2010.
GETSB has called for a special tax
relief for takaful contributions, on top of the existing combined EPF and life
insurance tax relief of RM6,000. Meanwhile an independent financial
advisor has also called for the tax relief for retirement contribution to be
increased from RM3,000 to RM10,000. Feel free to share with us your wish list
for the upcoming Budget 2013.
http://bit.ly/TAS0920a http://bit.ly/TAS0920b
http://bit.ly/TAS0920a http://bit.ly/TAS0920b
KUALA LUMPUR (Sept 20): Takaful operators would like to see
the government allocate a specific tax rebate for Takaful premiums in a bid to
boost the industry in the upcoming Budget 2013, said Great Eastern Takaful
chief executive officer Mohamed Salihuddin Ahmad.
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