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ING INSURANCE NEW PREMIUMS INGEASI FOR FAMILY

By • Apr 1st, 2009 • Category: ! Product News, Services

ING INSURANCE NEW PREMIUMS INGEASI FOR FAMILY

ING MALAYSIA confident on their new product of premium insurance INGeasi For Family to grow their service well this year. Read further news from Bernama below.

ING INSURANCE NEW PREMIUMS INGEASI FOR FAMILY

ING Insurance Bhd is confident of achieving RM830 million in new premiums this year boosted by the new product, INGeasi for Family, said president/chief executive officer, Datuk Dr Nirmala Menon Tuesday.

She said the new product, which combined varying protection, health, education and investment, was expected to contribute between RM50 million and RM60 million.

Speaking to reporters after the launch of the new product, Nirmala said ING Insurance recorded RM870 million in premiums last year, with an annualised premium growth of 25.7 percent.

“During the recession, the amount of money that people put into a policy may be less but the number of policy buy may still grow,” she said when asked on lower premium target for this year.

She said currently, the company was in the pole position for group insurance business while ranked third in life business in the country.

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