Ann C. Toledo

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Weaker investment performance weighed on insurance and takaful funds' profitability, says BNM

Mon Apr 4 , 2022
© Provided by The Edge KUALA LUMPUR (March 30): Malaysia’s insurance and takaful funds posted a decline in aggregate profitability in the second half of 2021 (2H2021) due to weaker investment performance, according to Bank Negara Malaysia (BNM). Life insurance and family takaful funds’ excess income over outgo dropped to RM8.7 […]