Malaysia
Aon appoints Neelay Patel as Malaysia CEO to drive four core units
Aon appoints Neelay Patel as Malaysia CEO to drive four core units
This appointment aims to align regional priorities with local business requirements for clients.
2 days ago
Lockton takes majority control of Lockton Sime broker
The firm also changed its name from Sime Darby Lockton Insurance Brokers.
2 days ago
What drove Malaysia’s general insurance market to rise 4%?
Motor insurance accounted for 42.8% of total premiums or $1.3b.
4 days ago
Malaysia’s non-life market stable as tariff liberalisation boosts pricing flexibility
The industry’s growth will also be supported by rising demand for digital insurance products.
Malaysia motor insurance premiums hit $3.3b by 2030
Lower borrowing costs are also expected to support vehicle purchases.
Labuan Re cuts processing time and boosts system performance
The new platform cut batch job processing times by up to 80%.
Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors
RHB said the product is designed for customers aged 40 to 70.
Veteran with 20 years’ experience named Labuan IBFC CEO
His priorities include expanding engagement with regulators and industry players.
Allianz Life elevates CFO Giulio Slavich to CEO
Incumbent CEO Charles Ong is retiring by the end of 2025.
Allianz Malaysia logs 9M 2025 profit growth on rising insurance revenue
Both general and life insurance segments saw higher revenue in Q3.
Aeon Bank and Zurich Malaysia extend partnership to offer Takaful plans
Customers can avail of a plan for as low as MYR5 or MYR18.
Malaysia sees stable non-life growth amidst premium rise
Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.
Chubb Insurance Malaysia files IPO on Bursa with 300 million shares
Proceeds from the share sale will go entirely to Chubb INA.
Hong Leong Assurance introduces Legacy Wealth for Malaysia’s affluent
Malaysia’s high-net-worth population is projected to grow by 35% by 2028.
Allianz Malaysia opens new penang branch to expand northern reach
The new office is located on Jalan Sultan Ahmad Shah.
MSIG Malaysia ramps up data Investments to boost growth
Its CEO thinks industry growth lies in affordable insurance.
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
