As atend 1997, total assets of the life insurance funds stood 16 . 6 % higher thanthe previous year at RM24 . 18b.
12.
The life insurance fund was financed from payroll deductions on union member's wages, and were supposed to be used only for those policies.
13.
In addition, Prudential will pump up Scottish Amicable's life insurance fund by 1 . 3 billion pounds ( dlrs 2 . 08 billion ).
14.
The total income of life insurance funds in 1996 increased by 20.1 % toRM6.88b due mainly to increase in investment income and profits on sale ofassets.
15.
Total assets of life insurance funds were up 16 . 6 per cent to RM24 . 176 billion ( 1996 : RM20 . 729 billion ).
16.
Any political downside for the gilt market probably rests on whether domestic pension and life insurance funds decide to increase overseas investment weightings generally in advance of the election.
17.
The combined company would become the fourth-biggest money manager in the world, after UBS; Fidelity Investments, the American mutual fund giant, and the Japanese postal system's life insurance fund.
18.
The total income of life insurance funds in 1996 increased by 20 . 1 % toRM6 . 88b due mainly to increase in investment income and profits on sale ofassets.
19.
Investments in corporate securities accounted for 32.3 per cent of life insurance funds, with cash and deposits at 21.4 per cent and Malaysian Government securities and loans accounting for 15.9 per cent.
20.
"Life insurers in Malaysia are not allowed to invest in life insurance funds overseas and as such are not subject to effects of the present currency depreciation, " he said in Kuala Lumpur yesterday.
