News Regional07 May 2019

Malaysia:Takaful industry strives to offer affordable products to close protection gap


In tandem with Bank Negara Malaysia (BNM)'s objective of bridging the protection gap, the Malaysian takaful industry is advocating for more affordable products targeting the B40 group (bottom 40% of household incomes), reported Malaysia national news agency BERNAMA. With BNM setting a target of 25% takaful penetration rate in the country by 2020, Malaysia Takaful Association (MTA) chairman Muhammad Fikri Mohamad Rawi said that MTA along with its members have been working hard to achieve the target.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments

Other News


Follow Asia Insurance Review