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KUALA LUMPUR: Pos Malaysia Bhd expects revenue of between 10% and 15% next year from premiums worth RM10 million to be generated through its strategic partnership with Etiqa Takaful Bhd.
PETALING JAYA: Etiqa Insurance Takaful is on track to be the leading insurance and takaful organisation in the country by the end of this year after surpassing the RM4.5bil mark in top line premiums with a profit before tax of RM422mil for its 2009/2010 financial year.
SMILES were aplenty when the senior management team of Etiqa Insurance and Takaful, led by chief executive officer Hans De Cuyper, handed out i>duit raya/ito more than 1,600 employees at its head office in Dataran Maybank, Bangsar.
KUALA LUMPUR: CIMB Equities Research could raise its target price for Malayan Banking Bhd (Maybank) to between RM9.37 and RM9.55 based on its estimates from the potential listing of insurance unit, Etiqa.