TAKAFUL MALAYSIA Q3 NET PROFIT JUMPS 30%
PETALING JAYA: Syarikat Takaful Malaysia Bhd saw its third quarter net profit jump 30% for the quarter ended Sept 30, 2016 on higher sales from its family and general takaful business. The group made a net profit of RM44.86 million for the quarter compared with RM34.42 million. This was on an almost 10% increase in revenue to RM426.97 million, compared with RM389.24 million for the quarter ended Sep 30, 2015. The group said Takaful Malaysia will continue its value proposition of rewarding its customers with 15% cash back for general takaful products for 2016 and establish a strong foothold in the local insurance and takaful arena as the preferred choice for insurance.