KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd’s net profit for the third quarter ended Sept 30, 2018 jumped to RM82.78 million from RM48.21 million, previously.
Revenue for the period also increased to RM648.95 million from RM476.24 million recorded in the corresponding period, it said in a filing with Bursa Malaysia.
The insurance company attributed the better performance to the increase in claims related to fire and motor classes.
Going forward, Takaful Malaysia said it would remain focused on sustaining its position as the market leader in the Family Takaful business while expand its market share in the General Takaful business to establish a strong foothold in the industry.
“The company will continue to enhance its digital capabilities to increase its product and service accessibility to consumers by intensifying its online marketing initiatives.
“We will also embark on multiple digital initiatives to further develop ‘customer centric’ value propositions to remain competitive in the industry,” it added.