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Surplus distribution to Great Eastern Takaful customers

21 July 2021 – In accordance with the concept of takaful, which is to band together to help those in need, Great Eastern Takaful Berhad has distributed underwriting surplus and proceeds from investment profit of the Tabarru’ fund to its certificate holders for the financial year ended 31 December 2020.

The underwriting surplus amount to be disbursed is RM 27.1 million. Eligible Participants of Great Eastern Takaful certificates will receive an apportionment of the surplus in the Tabarru’ fund, which is made up of the donation amount that the Person Covered willingly relinquish to help other participants in the event of misfortune, upon deducting claims paid.

Proceeds from the investment profit to be shared among eligible participants amount to RM4.0 million for the year ended 31 December 2020. These monies are derived from the investment returns on the Tabarru’ fund.

Great Eastern Takaful Berhad chief executive officer Shahrul Azlan Shahriman said:

"Alhamdulillah, despite the challenging year, we continue to do well by our customers by not only providing them with protection and peace of mind, we also created value for them by providing them surplus."

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