Malaysia

FWD Group launches VC fund for investment in Malaysian insurtechs

The VC fund is in collaboration with Artem Ventures.

Allianz Malaysia records 9.4% GWP growth in first nine months

The group’s total assets grew by 4% as of September 2022.

Tune Protect Re to diversify in the medium term: AM Best

The Malaysian insurer boasts a strong balance sheet.

1 out 3 working Malaysians are uninsured

16% of them have said they have no plans to get insurance or takaful.

Sun Life Malaysia Takaful names new chief

He previously held the role of Chief Operations Officer at Sun Life.

Allianz General launches fast flood claims initiative in Malaysia

Policyholders are entitled to avail of towing assistance or expedite claims.

Life, pension segment boosts growth for Malaysia’s insurance industry

The industry is predicted to grow at a CAGR of 8.4% until 2026.

Allianz Malaysia records 10.4% increase in GWP for H1 2022

Both its life and non-life businesses also reported GWP increases in H1.

Allianz Life Malaysia adds two new cover for Allianz Care@Home

These are in addition to the coverage for dengue and COVID-19.

AIA Malaysia launches partnership with digital mental health platform ThoughtFull

The insurer plans to integrate the platform in its corporate solutions portfolio.

Malaysia passes bill for insurance cover for housewives

Three million housewives would benefit from the cover.

Clock’s ticking for foreign insurers in Malaysia to reduce stakes in local ventures

The Malaysian central bank is giving foreign insurers until the end of 2023.