dbo:abstract |
Gibraltar BSN Life Berhad is a Malaysian life insurance company. It is a joint venture between U.S.-based Prudential Financial Inc. (PFI) and Bank Simpanan Nasional (BSN). The company was formerly known as Uni.Asia Life Assurance and was a joint venture between United Overseas Bank and DRB-HICOM. Uni.Asia Life itself was the successor to EON CMG Life Assurance Berhad from 2003. Uni.Asia Life was sold to PFI and BSN in 2014 for RM518 million. PFI and BSN hold 70 and 30 percent stakes in the company respectively. (A 69 percent stake in UOB and DRB-HICOM's general insurance JV, Uni.Asia General Insurance, was sold separately to Liberty Mutual for RM374 million.) PFI is an asset management and life insurance provider in the U.S. with US$1.2 trillion of assets under management in June 2015. It was attracted to the venture due to opportunities for growth stemming from the low life insurance penetration rate in Malaysia. BSN is a statutory body under the Ministry of Finance responsible for encouraging savings and financial management among Malaysians, with retail deposits of RM12 billion in 2013. The company's name is derived from PFI's logo which incorporates an image of the Rock of Gibraltar. Its stated expansion plan is to offer easy-to-understand products, target the semi-rural and rural population, and leverage on BSN's eight million-strong customer base. It had an 800-strong agency force in April 2014. BSN also has a takaful JV with Prudential plc of the UK, Prudential BSN Takaful Berhad. PFI of the United States is not affiliated in any manner with Prudential plc, a company incorporated in the United Kingdom. (en) |
dbo:industry |
dbr:Insurance |
dbo:parentCompany |
dbr:Prudential_Financial dbr:Bank_Simpanan_Nasional |
dbo:product |
dbr:Life_insurance |
dbo:type |
dbr:Private_limited_company |
dbo:wikiPageExternalLink |
http://www.gibraltarbsn.com/ https://www.gibraltarbsn.com/ |
dbo:wikiPageID |
47603027 (xsd:integer) |
dbo:wikiPageLength |
5697 (xsd:nonNegativeInteger) |
dbo:wikiPageRevisionID |
1093059598 (xsd:integer) |
dbo:wikiPageWikiLink |
dbr:Prudential_BSN_Takaful dbr:Prudential_Financial dbr:Prudential_plc dbr:Rock_of_Gibraltar dbr:Joint_venture dbr:United_Overseas_Bank dbr:Insurance dbr:Life_insurance dbr:General_insurance dbr:Liberty_Mutual dbr:Bank_Simpanan_Nasional dbr:Private_limited_company dbc:Financial_services_companies_established_in_2014 dbr:DRB-HICOM dbc:Insurance_companies_of_Malaysia dbc:Companies_based_in_Kuala_Lumpur dbc:Privately_held_companies_of_Malaysia dbc:Prudential_Financial dbc:2014_establishments_in_Malaysia dbr:Assets_under_management dbr:Insurance_agent |
dbp:assets |
(en) RM2,217 million (en) |
dbp:equity |
(en) RM405 million (en) |
dbp:homepage |
https://www.gibraltarbsn.com/ |
dbp:industry |
Insurance (en) (en) |
dbp:keyPeople |
(en) Rangam Bir (en) Y.Bhg. Dato' Haji Kamil Khalid Ariff (en) |
dbp:locationCity |
Level 21, Mercu 2, No. 3, Jalan Bangsar, KL EcoCity, 59200 Kuala Lumpur (en) |
dbp:locationCountry |
Malaysia (en) |
dbp:name |
Gibraltar BSN Life Berhad (en) |
dbp:netIncome |
(en) RM9 million (en) |
dbp:parent |
Gibraltar BSN Holdings Sdn Bhd * Prudential Financial Inc. * Bank Simpanan Nasional (en) |
dbp:products |
Life insurance (en) (en) |
dbp:revenue |
(en) RM397 million (en) |
dbp:type |
dbr:Private_limited_company |
dbp:wikiPageUsesTemplate |
dbt:Citation_needed dbt:Decrease dbt:Increase dbt:Infobox_company dbt:Start_date_and_age |
dcterms:subject |
dbc:Financial_services_companies_established_in_2014 dbc:Insurance_companies_of_Malaysia dbc:Companies_based_in_Kuala_Lumpur dbc:Privately_held_companies_of_Malaysia dbc:Prudential_Financial dbc:2014_establishments_in_Malaysia |
gold:hypernym |
dbr:Company |
rdf:type |
owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 dbo:Organisation |
rdfs:comment |
Gibraltar BSN Life Berhad is a Malaysian life insurance company. It is a joint venture between U.S.-based Prudential Financial Inc. (PFI) and Bank Simpanan Nasional (BSN). The company was formerly known as Uni.Asia Life Assurance and was a joint venture between United Overseas Bank and DRB-HICOM. Uni.Asia Life itself was the successor to EON CMG Life Assurance Berhad from 2003. Uni.Asia Life was sold to PFI and BSN in 2014 for RM518 million. PFI and BSN hold 70 and 30 percent stakes in the company respectively. (A 69 percent stake in UOB and DRB-HICOM's general insurance JV, Uni.Asia General Insurance, was sold separately to Liberty Mutual for RM374 million.) (en) |
rdfs:label |
Gibraltar BSN (en) |
owl:sameAs |
yago-res:Gibraltar BSN wikidata:Gibraltar BSN dbpedia-ms:Gibraltar BSN https://global.dbpedia.org/id/yfLJ |
prov:wasDerivedFrom |
wikipedia-en:Gibraltar_BSN?oldid=1093059598&ns=0 |
foaf:homepage |
https://www.gibraltarbsn.com/ |
foaf:isPrimaryTopicOf |
wikipedia-en:Gibraltar_BSN |
foaf:name |
Gibraltar BSN Life Berhad (en) |
is dbo:wikiPageRedirects of |
dbr:Gibraltar_BSN_Life dbr:Gibraltar_BSN_Life_Berhad |
is dbo:wikiPageWikiLink of |
dbr:Bank_Simpanan_Nasional dbr:Gibraltar_BSN_Life dbr:Gibraltar_BSN_Life_Berhad |
is foaf:primaryTopic of |
wikipedia-en:Gibraltar_BSN |