Rabu, 1 September 2010

Bank Negara issues new takaful licences



KUALA LUMPUR, Sept 1 – Malaysia’s central bank said today it has issued four family takaful licences to four joint venture companies.
The joint venture companies include American International Assurance Berhad and Alliance Bank Malaysia Berhad; AMMB Holdings Berhad and Friends Provident Group (UK); ING Management Holdings (Malaysia) Sdn Bhd, Public Bank Berhad and Public Islamic Bank Berhad; and Great Eastern Life Assurance Company Limited and Koperasi Angkatan Tentera Malaysia Berhad.
“The new family takaful operators have strong value propositions that will further enhance the development of the family takaful industry in Malaysia,” the central bank said in a statement. – Reuters

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