PRESS RELEASE For immediate release Kuala Lumpur, 19 August 2009 – Great Eastern Life Assurance (Malaysia) Berhad’s Director and Chief Executive Officer Mr Koh Yaw Hui informed that as a good corporate citizen with a hundred and one years’ presence in Malaysia, Great Eastern will cover hospitalization claims made by its policyholders, who have been ...
(The Edge, 21st August) KUALA LUMPUR: Etiqa will pay the claims made by its medical and health plans’ policyholders should they be hospitalised for treatment for H1N1 influenza, with immediate effect. Etiqa said on Aug 21 the H1N1 influenza can affect everyone physically and also financially, in terms of the medication and treatment. Its CEO ...
(The Straits Times) IN A stunning development, about 18,000 Great Eastern Life customers who bought investment products similar to the ill-fated Lehman Minibonds will get all of their money back. And they did not have to ask for it. The move by GE Life, which will cost the insurer a whopping $250 million, is purely ...
(Business Times) PERWAKIM, an association of general insurance agents in Malaysia, has submitted a memorandum to Bank Negara protesting the central bank’s proposal to give rebates on premiums for consumers that renew their motor insurance directly with insurance firms. They claim that the move, which takes effect from today, would adversely affect consumers, agents and ...
KUALA LUMPUR, June 22 (Bernama) — The life insurance industry is still growing despite the discouraging economic condition, Life Insurance Association of Malaysia president Adnan Zain said. “The traditional life insurance business is showing a good development. “People are still buying insurance, which shows the knowledge, awareness and recognition of the importance in terms of ...