The Edge Daily KUALA LUMPUR: ING Insurance Bhd and Allianz Malaysia Bhd do not expect they would need a draw down from the liquidity facility made available to insurers and takaful operators by Bank Negara Malaysia (BNM), their officials said. ING Insurance president and chief executive Datuk Dr Nirmala Menon said: “ING Insurance does not ...
www.msig.com.my November 6, 2008 – MSIG Insurance (Malaysia) Bhd (MSIG Malaysia) announced today Song Yam Lim will retire as the Chief Executive Officer of MSIG Malaysia on 31 December 2008. With effect from 1 January next year, Kenichi Fukuhara, the current Executive Director of MSIG Malaysia, will be appointed as the new CEO and Chua ...
by David Masters, InsuranceDaily.co.uk Troubled insurance giant American International Group (AIG) is expected to start selling off units before the end of the year according to a report by the Reuters news agency. A deal to sell off its US personal lines units, valued at $5-7 billion, is likely to be completed soon. Its smaller ...
Source: www.bnm.gov.my Bank Negara Malaysia held a dialogue with leaders of the insurance and takaful industries today to discuss developments in the economy and wide ranging issues facing these industries. In this challenging environment, the insurers and takaful industries have continued to reinforce their institutional capacity and preserve their financial soundness. The insurers also reiterated ...
The search for this year’s MSIG Sudoku Samurai is even bigger and better with more prizes at stake! MSIG Insurance (Malaysia) Bhd, one of the largest general insurers in Malaysia, brings back the MSIG Samurai Sudoku Showdown due to overwhelming response from last year’s activities. According to MSIG Chief Executive Officer Mr. Song Yam Lim, ...