September 01, 2014 3:26 PM ET

Insurance

Company Overview of AmLife Insurance Berhad

Company Overview

AmLife Insurance Berhad provides life insurance and wealth protection solutions in Malaysia. It offers life insurance for protection, savings and investment, education and investment, healthcare, and savings and protection. The company also provides financial planning services in the areas of income protection, education, retirement, and savings. In addition, it offers services, such as claims for life insurance, which include death claim, hospitalization benefits claims, accident claim (accident benefit), personal accident/accident indemnity claim, total and permanent disability claim, and critical illness claim/dread disease waiver of premium; and provides policy loan services. The company...

Level 9

Bangunan AmAssurance

No.1, Jalan Lumut

Kuala Lumpur,  50400

Malaysia

Founded in 1973

Phone:

60 3 4047 8000

Fax:

60 3 4043 8680

Key Executives for AmLife Insurance Berhad

Chief Executive Officer
Chief Operating Officer
Deputy Group Managing Director and Director
Age: 52
Managing Director
Age: 56
Head of Foreign Exhange
Compensation as of Fiscal Year 2014.

AmLife Insurance Berhad Key Developments

Amlife Insurance Berhad Reaches an Agreement with AMMB Holdings to Form a Strategic Partnership Involving Amlife Insurance Berhad and Amfamily Takaful Berhadxpands in Malaysia

MetLife has reached an agreement with AMMB Holdings to form a strategic partnership involving AmLife Insurance Berhad and AmFamily Takaful Berhad. Upon regulatory approval, the proposed transaction will result in MetLife owning a 50% and one share in AmLife with the remaining shares to be owned by AMMB, and AMMB owning a 50% and one share in AmTakaful with the remaining shares to be owned by MetLife. In addition, the proposed transaction will result in AmLife and AmTakaful entering into exclusive twenty-year bancassurance and bancatakaful agreements for the distribution of life insurance and family takaful products through the distribution network of AMMB's banking subsidiaries, AmIslamic Bank Berhad, in Malaysia.

AmLife Insurance Berhad Presents at The Future of Global Takaful 2014, Feb-18-2014

AmLife Insurance Berhad Presents at The Future of Global Takaful 2014, Feb-18-2014 . Venue: Kuala Lumpur, Malaysia. Speakers: Zuraidah Yunos, Head of Human Resources.

Amlife Insurance Launches AmLife SecureGuard Plus

AmLife Insurance Berhad launched the AmLife SecureGuard Plus, a 21-year life insurance endowment plan. The plan allows customers to elect for an extended protection of 10 years upon the maturity of the policy without having to pay further premium after the completion of 21 years. The increasing coverage for death or total and permanent disability or 36 types of critical illnesses is built into the plan to ensure that customer's lifestyle and commitments are well protected. The sum assured increases by 100% every seven years and up to 300% of the initial sum assured. On top of that, an additional 100% of initial sum assured will be paid out if death is caused by accident. Another attractive feature of this three-in-one protection and savings plan is that it provides guaranteed cash payments starting from the end of its first policy year for 20 years.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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To contact AmLife Insurance Berhad, please visit www.amassurance.com.my/src/html/am_phase2/life/index.php. Company data is provided by Capital IQ. Please use this form to report any data issues.

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