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AIA’s Takaful Companies Complete Integration Under Single License and Brand | Siaran Akhbar | AIA Malaysia

excerpt

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 New Entity to Leverage on Shareholders’ Distribution Strength to Drive Growth Kuala Lumpur, 1 March 2014 – Malaysia’s leading life insurer AIA has successfully integrated its Takaful companies AIA AFG Takaful Bhd. and AIA PUBLIC Takaful Bhd. (formerly known as ING PUBLIC Takaful Ehsan Berhad). Beginning 1 March 2014, the businesses will operate under a single licence and brand, and be known as AIA PUBLIC Takaful Bhd. AIA PUBLIC is jointly owned by AIA Co. Ltd. (AIA), Public Bank Berhad and Public Islamic Bank Berhad.  Wan Azman Wan Mamat, Chief Executive Officer of AIA PUBLIC, said, “Our Takaful business is now bigger, stronger and uniquely positioned to serve our customers and partners well into the future as we have combined the best aspects to produce an enhanced suite of products, processes, systems and technological capabilities.” The company is on track to launch 11 new products this ye...

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