Malaysia

Malaysia property risk programmes see reductions: Gallagher Re

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

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.

Bank Negara Malaysia issues code for insurers, takaful operators

It aims to enhance public trust and confidence in Malaysia’s motor claims and repair industry.

New policy caps Malaysia’s health, takaful premium hikes under 10%

Medical cost inflation in Malaysia reached 15% in 2024.

Tune Protect Re stabilises post-COVID with strong returns: AM Best

Its balance sheet is expected to remain solid in the medium term.

Lonpac expected to hold 7% of Malaysia's market

The company has demonstrated consistent capital growth over the past five years.

Oil and gas drive Malaysia’s non-life insurance demand

Malaysia’s insurance sector operates under a developed regulatory framework.

Malaysia considers mandatory car insurance for private vehicles

The transport minister said it could affect insurance costs.

Malaysian Re benefits from favourable pricing, tighter practices

Its underwriting performance rebounded sharply in FY 2024.

ASEAN insurers struggle with quality, and accessibility in healthcare

Private health insurance was valued at approximately $7.5b in 2023.

Tune Protect sees Q3 profit surge 50.3% YoY, YTD loss

YTD insurance revenue contracted 12.3% YoY.

Labuan Reinsurance solvency remains robust

The company’s underwriting performance has shown consistent gains in 2023.

Zurich Malaysia offers motorcycle insurance on Shopee

It includes add-ons like passenger liability, natural disaster protection, and strike coverage.