Thursday, 23 July 2015

Maybank Ageas aims equal contribution from takaful, general insurance

Maybank Ageas Holdings Bhd, the parent company of Etiqa Insurance Bhd and Etiqa Takaful Bhd, aims to equalise the contribution from its general insurance business and that of life insurance and family takaful for the financial year ending Dec 31, 2015.

The target would be supported by the company's new distribution channels and and plans to be more aggressive on the fire thrust of its general insurance business, said Chief Executive Officer Kamaludin Ahmad.
"We want to have a good growth in fire insurance. In addition, we are going to sell term takaful cover which is suitable for the younger generation, as well as, provide house owner insurance on our online channel.

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