Angkatan Koperasi Kebangsaan Malaysia Bhd (Angkasa), via its unit, MyAngkasa Holdings Sdn Bhd (MHSB), will introduce its takaful insurance products through the Archipelago Insurance PCC Ltd. Extended Takaful Warranty, GAP Tafakul and Cashless PA Takaful – would be in the market next month. The Family Medical product would be introduced later. Angkasa entered the insurance business as an agent and saw the great potential in the industry to help strengthen the cooperative business. The insurance business is also open to all co-op members who are interested to expand their own cooperative businesses. The insurance industry in Malaysia recorded gross written premiums of RM17.09 billion in 2014, an increase of 5.9 per cent compared to RM16.15 billion in the previous year
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