scafrecheong's comment on TAKAFUL. All Comments
T.F Lai
Market share for family takaful seem to be decrease in other way...the market share capture by other competitor ..

GCEO seem no answer the focus area in Family Takaful , again how are they penetrate to the market?

plus, they will channel with bank with the Credit Related Retail Market...can I said credit card with travel insurance ?
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1 Like · 2 years · translate
scafrecheong
If u read through financial statement for FWD takaful, you will see GEC for family takaful under FWD takaful had triples from 140 million 2019 to 445.7 million on year 2021. https://web.fwd.com.my/-/media/images/documents/fwdtfssigned.pdf?rev=0ee44b11b06a4305acbbcf48c70ad799
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Chee Siong Chong
That's mean Takaful got a strong competitor and their market share being diluted. No wonder Takaful can drop so much
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T.F Lai
@scafrecheong thanks for your sharing , is a good info whereby can make comparison
1 Like · 2 years · translate
T.F Lai
based on the minutes of AGM , it's total claims mainly come from Fire and Motor....not mention Dealth claim from Covid or others disease
1 Like · 2 years · translate