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The company is a provider of both family and general takaful. For six successive years since 2011, PruBSN has been the Number 1 Family Takaful Operator and in 2016, our company achieved New Business Production of RM446 million with a 32.5% market share as confirmed by the industry rating agency, Insurance Services Malaysia. [3]
Etiqa is composed of four main operating entities in Malaysia, namely, Etiqa General Insurance Berhad, Etiqa Life Insurance Berhad, Etiqa General Takaful Berhad, and Etiqa Family Takaful Berhad. [2] The company also has two smaller operating entities in Labuan , as well as several other operating entities in Singapore , Indonesia , the ...
The company then expanded into the Philippines in 2014 and Indonesia in 2015. Expanding into three more countries in 2016, [4] [8] that year FWD Group acquired Shenton Insurance in Singapore, [9] also purchasing a unit from Great Eastern Holdings Ltd. in Vietnam [8] for $35 million. [16] In late 2016, FWD agreed to buy AIG's Fuji Life Insurance ...
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The Tokio Marine and Fire Insurance Company; The Tokio Marine and Fire Insurance (M) Sdn Bhd; United Malayan Banking Corporation Insurance Berhad (UMBC Insurance) United Prime Insurance ( M ) Sdn Bhd; Wing on Fire & marine Insurance; Zurich Insurance (Malaysia) Berhad (More to come)
Takaful Malaysia was established on 29 November 1984 when the Government of Malaysia set up a task force to study the feasibility of establishing an Islamic insurance company in Malaysia. [2] The incorporation of Takaful Malaysia as the first takaful operator in the country was in the same year as the Takaful Act was enacted. [3]
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Malaysian Reinsurance Berhad (known as Malaysian Re) is a Malaysian reinsurance company. It is Malaysia's largest reinsurer, commanding more than 60% of reinsurance accepted premium in the country. [3] In the ASEAN market, Malaysian Re is currently the region's largest national reinsurer by asset size. [4]