What this blog is about?

Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

Reproduction: You may reproduce materials published here provided that the source (actuaries.com.my/insurance-news) is properly acknowledged.

Allianz expects market to be flat and challenging 

Allianz expects the business and investment outlook to be difficult for the remaining year. The insurance industry growth is expected to remain flat for 2015. http://j.mp/TAS150827b

Thursday, August 27, 2015 6:40:00 PM Categories: Allianz Outlook
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Allianz revises down growth target 

Allianz has revised down its growth target from double to single digit citing the current challenging economic climate. http://j.mp/TAS150709a

Thursday, July 9, 2015 7:17:00 PM Categories: Allianz Outlook
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Allianz launched products for PWDs 

Allianz launched a new YRT plan, Allianz Ability Life, targeting persons with disabilities (PWDs).  2 existing products, viz. Allianz Care Individual and Allianz Individual Personal Accident, have also been extended to PWDs. http://j.mp/TAS1500622b

Posted by Loo Hai Monday, June 22, 2015 8:54:00 PM Categories: Allianz Product
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Allianz optimistic despite challenges 

Allianz recognises that year 2015 would be more challenging on the back of a global economic slowdown and implementation of GST. However the group is optimistic and is targeting a double-digit growth in GWP. http://bit.ly/TAS150304a

Wednesday, March 4, 2015 7:19:00 PM Categories: Allianz Outlook
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EY is bullish on the local takaful industry 

Contradicting earlier Allianz' view

Interestingly, EY is fairly bullish on the local takaful industry, contradicting Allianz' view as published 2 days ago which said the takaful market had been stagnant. http://bit.ly/TAS140904a

Thursday, September 4, 2014 7:22:00 PM Categories: Allianz Takaful
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Allianz does not find takaful market appealing 

Allianz believes that it is not economically viable to enter into the local takaful market. The growth in takaful sector is said to be cooling down and the market has been stagnant. http://bit.ly/TAS140902a

Tuesday, September 2, 2014 8:52:00 PM Categories: Allianz Takaful
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Allianz' CEO resigns 

Insurance News

  -  July 10, 2014
Allianz Life's CEO Jens Reisch has resigned and will be leaving the company end of July to pursue other career opportunities outside the Allianz Group. Allianz General's current CEO, Zakri Mohd Khir will take over from Reisch as the CEO of Allianz Malaysia Bhd, subject to the approval of regulatory authority. http://bit.ly/TAS140710a 


Posted by Loo Hai Thursday, July 10, 2014 9:13:00 PM Categories: Allianz Executive Movement
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