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KUALA LUMPUR: Deposit providers risk issuing plans without understanding the mindset despite having all-the appropriate information of depositors, who might behave, Malaysian Insurance Company (PIDM) chief executive officer Jean Pierre Sabourin said. The four events were Allianz Administration Asia Pacific Ltd visitors AXA Asia Pacific Ltd and Affin Holdings Bhd Bhd and Nippon Life Insurance Provider.
KUALA LUMPUR: Berjaya Sompo qbe stallholders insurance Bhd (BSompo) expects RM500mil in new rates by year end following the signing of the memorandum of understanding (MoU) with Persatuan Pengusaha-Pengusaha Teksi Bumiputera Malaysia (Perbumi). CEO Patrick Loh said the MoU, which would be for a year, might notice BSompo offering group insurance system to 25,000 Klang Valley-based cab drivers from 50 Perbumi employees.
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