Malaysia

Malaysia’s healthcare system faces funding, cost challenges

Malaysia’s healthcare system faces funding, cost challenges

The report also highlighted the key factors contributing to the escalating healthcare costs.
2 days ago

Allianz Life Malaysia unveils life and health insurance plan for SMEs

It includes group hospitalisation and surgical coverage.
6 days ago

Maybank Ageas core insurance entities expected to remain stable

Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
6 days ago

Energas Insurance faces performance pressure amidst rising claims frequency

Its underwriting performance improved in the first nine months of 2024.
6 days ago

Allianz Life expands health options, boosting hospital coverage 50%

Customers can also choose between 5% or 15% co-insurance.

How much of Malaysians have financial legacy plans?

48% of cited conflict prevention as a key reason for legacy planning.

Malaysian insurers to cap premium hikes, ensure affordability

Insurers will cap annual premium hikes below 10%.

Hannover Re unveils new Malaysia branch CEO

He joined the company in January 2024.

Sun Life Malaysia Takaful announces new CEO

He succeeds Jeffry Azmi, who has retired.  

Great Eastern General Insurance Malaysia names new CEO

He succeeds Ng Kok Kheng, who retires after 17 years in this role.

Zurich reveals flagship branch in Johor Bahru

It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint. 

Malaysian Re’s expansion into non-traditional segments to drive growth

The company’s operating performance was seen as “adequate”.

Crawford & Company appoints new loss director for Malaysia

His expertise spans handling losses valued between RM20m and RM100m. 

Malaysia property risk programmes see reductions: Gallagher Re

Small flood event losses on the East Coast did not impact renewals.

EGIB balance sheet strength underpinned by risk-adjusted capitalisation

Its balance sheet strength achieved its ‘strongest’ level at year-end 2023.

Malaysia’s non-life insurance sector sees stable outlook

AM Best also expects insurers to maintain robust underwriting profits.