Shek Yap's comment on TAKAFUL. All Comments

Shek Yap
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give lah more dividends instead of increasing retained earnings which are already at healthy levels...
Steven Gan
Dia nak simpan Cash sampai company tutup
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Chris Tan
Insurance should hold more RE for unforeseen claims.
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Steven Gan
Pump & Dump?
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Shek Yap
guru Chris...what should be the right level of "more RE" in your mind?...
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. 。o 0
@yap, that depends on how efficiency of the return on retain earnings, imo <15% is alarming signal.
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leo king
sold half and transferred to OSK yeaterday 1.78. think i did it right. hahah drop back takaful im waiting
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Chris Tan
@Yap Idk bro, I’m far from a guru. But good question, depends on their risk strategy, appetite and actuarial calculations. Pretty sure it’s more quant than qual approach. In a perfect world, insurers would hold at least 100% of potential claims in cash.
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Shek Yap
noted Chris....anyone knows the highest annual claims experienced by Takaful in the last 10 years?....
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