Malaysia
Oil and gas drive Malaysia’s non-life insurance demand
Oil and gas drive Malaysia’s non-life insurance demand
Malaysia’s insurance sector operates under a developed regulatory framework.
1 day ago
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.
Malaysia orders insurers, takaful firms to review repricing strategies amidst concerns
Firms are asked to offer options to impacted policyholders.
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.
Allianz General Malaysia Q3 revenue rises, motor segment expands
Total assets grew 7.8% YTD to $6.15b.
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.
Zurich Malaysia’s new MediAfya+ extends coverage to age 80
MediAfya+ includes deductible choices of $112.91.
Allianz General cuts travel insurance costs for holiday season
Nearly a quarter of domestic flights in Malaysia faced delays from January to August.
Malaysia’s life insurance market to hit $17.2b by 2028
Endowment insurance is projected to represent 77.3% of total DWP.
Allianz Malaysia releases flood guideline for commercial and SME policyholders
It also includes flood vulnerability assessments.
Zurich Life Malaysia names Pauline Teoh as new CEO
Teoh brings 25 years of experience in the insurance industry.
FWD appoints CEOs for Malaysia insurance, takaful businesses
Mak See Sen and Aman Chowla will take over their CEO roles in November.
Chubb names Jon Longmore as new Malaysia head
He is currently country president of PT Chubb General Insurance Indonesia.
Malaysia floats co-payment medical and health insurance feature
It also increased tax relief for medical expenses to over $2,300.