Consolidation a Likelihood for Takaful Players

Syarikat Takaful Malaysia Bhd MD Dato' Hassan Kamil discusses:

- June earnings - forward view;
- General and Family business outlook;
- Impact Eurozone problems - Q3 investment performance;
- Industry growth rate - role of Bank Negara;
- Value of industry;
- Syarikat Takaful ranking;
- Takaful - penetration rate of overall insurance industry;
- Target share of overall insurance industry;
- Competition - four new licenses - challenges -- positioning;
- Low adoption - lack of knowledge;
- Talent Shortage;
- Asset size - importance;
- Investment assets - depth, breadth and quality;
- M&A - impetus for consolidation - synergies sought.