Takaful M’sia eyes double-digit growth


PETALING JAYA: Syarikat Takaful Malaysia Keluarga Bhd (STMKB), which reported a 43% surge in its profits after tax and zakat for the financial year 2018, aims to further uplift its market share in the takaful segment in spite of the tough economic climate.

The country’s oldest takaful player is projecting a double-digit growth of around 10%-15% in market share for the year. STMKB group CEO Datuk Seri Mohamed Hassan Kamil said the company is optimistic about further expanding its market share this year amid growing competition.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Takaful , Malaysia , growth , strategies , expansion , Keluarga ,

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read