Malaysia

Zurich, AEON target gap in Takaful market

The partnership aims to integrate fintech with Islamic finance.

How well does Malaysia manage its risks?

Malaysia ranks high in climate risk quality.

PIAM appoints board of directors for 2024-2026

Leading the board is Ng Kok Kheng as chairman.

FWD Insurance launches affordable microinsurance for Malaysians

Qaseh Bakti Plus offers three plans for individuals aged 18 to 55.

Malaysia’s PIAM awaits updated guidelines for vehicle repair

These developments are in line with Malaysia’s aspirations of transforming motor claims.

GX Bank, Zurich Malaysia ink 10-year bancassurance partnership

They will co-create micro digital insurance products for Malaysians.

Great Eastern witnesses 26% YoY profit surge in Q1’24

Its new business-embedded value leapt 21% YoY. 

30% of Malaysian millennials grasp insurance basics

66% of Malaysians feel like they can reach their long-term financial goals.

Malaysia’s general Takaful payouts up 24.4% in responsiveness

MTA anticipates steady industry momentum in 2024.

Malaysian Re inks deal with Chinese firms on cancer treatment

It hopes to improve products under health and medical.

Callable notes to enhance Great Eastern Life’s financial resilience

S&P Global sees the proposed notes as having intermediate equity content.

Tune Protect Group CEO resigns

Rohit Nambiar plans to take a career break.

LIAM re-elects Raymond Lew as president

Lew holds over 30 years of experience as chief executive officer and president of Sun Life Malaysia Assurance Berhad. 

Malaysia's insurance industry grows 7.8% in 2023

On the other hand, underwriting profit contracted by 26%.

Allianz General and ProppyApp ink MoU to expand insurance access

Users will gain access to a range of insurance products via their mobile application.

9 out of 10 Malaysians are open to sharing data for personalised coverage: Survey

Malaysians consider three things when buying insurance: affordability, meeting customer needs, and value for money.