Malaysia

Malaysia's legacy planning rises despite 17% insurance usage gap

More than half of wealthy individuals already have arrangements in place before age 50.

Malaysia finance firms see AI ambitions falter as legacy systems block progress

Finance executives say technology should support decisions, not fully replace human roles

CEO says Malaysian insurers face uninsurable risks as compliance focus grows

He says risk management has drifted from core underwriting toward compliance functions.

Tune Protect Malaysia partners with Akur8 to enhance insurance pricing

Akur8’s platform enhances pricing processes through machine-learning technology.

Nine in 10 Malaysians delay care despite insurance support

Over half also report difficulty booking or managing consultations through digital channels.

Allianz Malaysia adds 25% cover to push policy sales

Shield Plus users aged 40 and below qualify for the enhanced principal sum insured.

Allianz Malaysia boosts motor personal accident coverage

Motorcycle drivers who purchase or renew their policy in 2026 will get up to MYR25,000 coverage.

AmMetLife Insurance unveils new CEO

He previously served as chairman of the Malaysian Takaful Association.

Women take 53% majority as Allianz Life recruitment flips the gender script

Female agency recruits surpass men at Allianz Life Malaysia amidst shift to flexible careers.

7 in 10 Malaysians buy insurance online amidst ease of access

Nearly four in five car insurance customers said they used SPayLater.

Allianz General expands financial cover for SME and foreign worker policyholders

SMEs facing forced closures of over 48 hours can get up to MYR20,000 ($5,100).

Zurich and Shopee unveil fraud cover as Malaysia scams surge

Police recorded 47,854 cases by September 2025 with RM1.92b wiped out.

Etiqa General Insurance retention at 33.7% raises credit risk on recoverables

AM Best expects pricing discipline and corrective actions even as underwriting pressure builds.

Malaysia flood cover drops to 0.25% as hazard risk intensifies

Insurers warn exposure may now be scaling faster than premium income.

Zurich Malaysia locks in exclusive group takaful scheme with Kenanga

The cover will be offered only to Kenanga Investors clients through its wealth management arm.