HEALTHCARE ISSUES IN MALAYSIA.

The following articles are about the healthcare cost and problems that significantly affect everyone of us in Malaysia:

• Rising pressure of healthcare cost
• Getting a lifeline with definitive health policy
• Generic drugs vs branded ones
• Room for more hospitals
• Providing patients quality service
• Private hospitals move towards specialised disciplines to meet demand
• Medical insurance still affordable in Malaysia
• Work together to ea$e the pain

Source: The Star Online, Business, March 14, 2009

THE STRATEGIC PARTNERS OF AIA BERHAD.

There is another good news for AIA Berhad. RHB and CIMB Wealth Advisors are now the strategic partners of AIA Berhad. AmResearch views RHB Bank's bancassurance tie-up with AIA Berhad positively although there are no details on it as yet.

The good news will disprove all the rumours saying that AIA Berhad is going to bankrupt.

WHICH HOSPITAL SHOULD WE GO IF WE HAVE MEDICAL CARD?

If we don't want to pay our medical bills ourselves and the situation is not urgent, we should go to the nearest panel hospital. If the situation is very urgent, we must go to the nearest hospital and claim our medical bills from insurance companies later.

A FACT SHEET ISSUED BY AIA BERHAD.

AIA Berhad, as a locally incorporated company under the Insurance Act 1996, has issued a fact sheet which covers its financial position for the financial year ended 30 November 2008.

For the financial year ended 30 November 2008:

• Total assets as at 30 November 2008 was in excess of RM 17 billion of which more than 97 % of the invested assets are in Malaysia.
• Profit before tax was RM 428 million.
• Surplus above the solvency margin requirement as at 30 November 2008 was RM 2.3 billion.
• Capital Adequacy Ratio as at 30 November 2008 under the Risk-Based Capital Framework was 266 %, well above the regulatory minimum of 130 %.

March 3, 2009

AIA HAS ASSETS OF MORE THAN $ 60 BILLION.

Here is an article from Reuters about the financial status of AIA group.

TWO MESSAGES FROM CEO OF AIG GENERAL INSURANCE (MALAYSIA) BERHAD.

To know the recent news of AIG General Insurance (Malaysia) Berhad, please click here and here.

GOOD NEWS FROM CEO OF AIA BERHAD.

Mr Khor Hock Seng, the CEO of AIA Berhad, has updated us with good news about the AIA group and its future path. To me, it is really a good news for all people including AIA insurance agents, AIA policyholders and even stock market investors in Malaysia. For details, please click here and here.