Session VIII: 12 July 2017
Presentation: Malaysia's 30 years experiment with the Hybrid takaful model - Is it time for Takaful 2.0?
Presented By: Zainal Kassim FIA
Designation: Senior Partner, Actuarial Partners Consulting Sdn Bhd
Malaysia's 30 years experiment with the Hybrid takaful model - Is it time for Takaful 2.0?
- The generic hybrid takaful model
- How the hybrid model evolved in Malaysia
- Observations on the operating models for takaful
- Reflections on the current Malaysian takaful industry
- General opinions on Takaful
- Takaful Players in Malaysia
- How is Takaful faring in Malaysia?
- What is supporting the profitability of the general Takaful business in Malaysia?
- Stormy clouds on the horizon for the takaful industry
- The bane of takaful operators
- Takaful shareholders can expect fewer profits as compared to shareholders of insurers when they compete on price
- Options for developing the takaful market in a mixed economy
- Takaful – an opportunity to “reboot” the insurance industry Promoting a different consumer outcome
- What can happen when there is excessive competition -UAE 2015 Statistics
- Why Takaful 2.0 is required?