Malaysia

Zurich Malaysia launches AI assistant for agent support via WhatsApp

The tool is available 24/7, helping agents reduce turnaround time.

MSIG Malaysia names Ang Yien Chia as new CEO

Chua Seck Guan retires after a 42-year career in the industry.

Singapore-based petrochemical conglomerate secures $350m cover from ICIEC

The Islamic Development Bank (IsDB) Group is also investing $150m.

Markel Insurance names principal officer for Malaysia

Markel is currently licensed as a Tier 2 reinsurer in Labuan.

AmMetLife unveils new CEO

Prior to joining AmMetLife, he was CEO of Zurich Takaful Malaysia.

Sun Life Malaysia reels in Teck Seng as new CEO, Lew retires

Teck Seng brings over 30 years of experience in the insurance industry.

Malaysia introduces diagnosis-based pricing in health insurance reforms

The Health Minister said the product aims to support more sustainable private sector financing.

Revised solvency rules could spur new wave of Malaysian insurance M&As

Insurers must provide capital for increased risk from floods, among other charges.

Zurich Takaful rolls out plan with payouts up to 12%

Only 58% of Malaysians are actively saving for the future.

HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia

The plan offers a minimum sum assured of MYR1m and payment flexibility.

Allianz Malaysia Berhad posts 14.3% rise in insurance revenue for Q1 2025

This is equivalent to reaching $367.2m during the period.

Malaysia urges youth to apply for i-MULA subsidy before funds run out

Out of the $1.15m, $598,000 has already been disbursed.

MSIG Insurance inaugurates assisted living cover for personal accident holders

This benefit was previously available only through life insurance.

How embedded finance and AI are reshaping Malaysia’s finance sector

Value migration to non-bank players with a "focused" model is accelerating.

LIAM names AIA’s Ben Ng as new industry association president

He succeeds Raymond Lew, who served as President, Vice President for over 5 years.