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Consolidation a Likelihood for Takaful Players

Consolidation a Likelihood for Takaful Players

The Breakfast Grille

November 4, 201125m 42s

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Show Notes

Syarikat Takaful Malaysia Bhd MD Dato' Hassan Kamil discusses:

- June earnings - forward view;
- General and Family business outlook;
- Impact Eurozone problems - Q3 investment performance;
- Industry growth rate - role of Bank Negara;
- Value of industry;
- Syarikat Takaful ranking;
- Takaful - penetration rate of overall insurance industry;
- Target share of overall insurance industry;
- Competition - four new licenses - challenges -- positioning;
- Low adoption - lack of knowledge;
- Talent Shortage;
- Asset size - importance;
- Investment assets - depth, breadth and quality;
- M&A - impetus for consolidation - synergies sought.

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