Prudential taps Asia sovereign funds over AIA deal
SINGAPORE (AFP) - – British insurer Prudential is tapping sovereign wealth funds in China and Singapore to help finance its 35.5 billion dollar buyout of US insurance giant AIG's Asian arm, a report said Tuesday. The Financial Times quoted unidentified sources as saying that Prudential and its advisers were in talks with the sovereign wealth funds to support a planned 20 billion-dollar share offer for AIA. It said the Singaporean and Chinese sovereign wealth funds had not made a final decision but their response was positive. Singapore's Temasek Holdings and China Investment Corp (CIC), among the region's ...
GE Lady’s Plan Benefits
GreatLady Rider Description of Plan Benefits 1.) Death Benefit In the event 0f the Life Assured's death within the term of the Rider, all premiums will paid less claims payment (except Healthy Living Benefits payments) will be refunded without interest. 2.) Total and Permanent Disability Benefit In the event 0f the Life Assured's becoming Total and Permanent Disability(TPD) as defined in the policy before the policy anniversary on which her age next birthday is 65 years , all premiums will paid less claims payment (except Healthy Living Benefits payments) will be refunded without interest. 3.) Lifetime Female Benefits 3.1) Carcinoma-in-situ of either breast or cervix uteri 3.2) ...
GE Lady’s Plan
Why we need Lady's Plan Base on the statistic in year 2002, breast cancer was the most common female cancer in Malaysia, about 30.4% of all the female cancer diagnosed. Regardless of age and ethnic, averagely 1 in every 19 people suffered from breast cancer everyday, especially Chinese reporting a figure of "one person in every eighteen'. The second common female cancer was cervix uteri cancer (12%), followed by large bowel cancer (5.6%), ovary cancer (5%), leukemia (4.4%) and uterus cancer (3.6%). Chinese women are having higher risk of getting female cancer compared to other ethnics. 1 in every 28 women will get ...
Great MultiCash
Grow and safeguard your savings for a great futureGreat MultiCash is an endowment plan that grows your savings while you and your loved ones enjoy comprehensive financial protection. With a range of benefits specially tailored for your needs, this plan can help you realise your goals at every stage in life.Enjoy attractive cash bonuses. With Great MultiCash, you will receive a yearly cash bonus from the second year onwards. You will have the financial flexibility to withdraw the extra cash to use as you wish. You can also keep it as a part of your policy to reap a larger future ...
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GreatJunior Advantage Series 3
This is a participating life premium anticipated cash payment plan. A Short-Term Commitment but Long Term Benefits. It contains 6 Guaranteed as below: 1.) Guaranteed paid up after 10th years policy year. 2.) Guaranteed Contractual Payment & Performance Bonus (if any) are payable from end of 10th year policy. 3.) Guaranteed waiver of premium upon diagnosis of critical illness. 4.) Guaranteed protection against Death & Total Permanent Disability will increase up to 150% of basic sum assured by the end of 10th year policy. 5.) Guaranteed Maturity = 150% of sum assured + contractual payment + cash bonus (if any) + terminal bonus on maturity (if ...
News and Event
Prudential taps Asia sovereign funds over AIA deal
SINGAPORE (AFP) – – British insurer Prudential is tapping sovereign wealth funds in China and Singapore to help finance its 35.5 billion dollar buyout of US insurance giant AIG’s Asian arm, a report said Tuesday. The Financial Times quoted unidentified sources as saying that Prudential and its advisers were in talks with the sovereign wealth funds to support a planned 20 billion-dollar... [Read more]
Great Eastern Covers H1N1 Hospitalization Claims
Kuala Lumpur, 19 August 2009 – Great Eastern Life Assurance (Malaysia) Berhad’s Director and Chief Executive Officer Mr Koh Yaw Hui informed that as a good corporate citizen with a hundred and one years’ presence in Malaysia, Great Eastern will cover hospitalization claims made by its policyholders, who have been hospitalized due to influenza A (H1N1). “This pandemic disease is distressing... [Read more]