STMKB optimistic about expanding market share

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Syarikat Takaful Malaysia Keluarga Bhd is undertaking its high-performance journey to achieve sustainable top and bottom line growth.

Syarikat Takaful Malaysia Keluarga Bhd

Chief executive officer Nor Azman Zainal said the company aims to strengthen its presence in the retail market through improved accessibility and cost-effective protection products. Nor Azman said STMKB will simultaneously leverage upon healthy growth with its bank partners to sustain its market leadership in the bancatakaful business portfolio.

In its 2022 annual report, STMKB said the bancatakaful business was a major contributor of its double-digit growth last year, together with robust demand for its credit-related segments, leading to about 15% contribution towards its overall revenue.

 

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