Malaysia
MSIG Insurance inaugurates assisted living cover for personal accident holders
MSIG Insurance inaugurates assisted living cover for personal accident holders
This benefit was previously available only through life insurance.
6 days ago
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.
Hong Leong Assurance introduces retirement-focused policy
HLA Future Secured offers coverage of up to RM4m.
Malaysian insurers expedite claims for Putra Heights explosion victims
The association expects high volume of claims.
Public Accounts Committee investigates rising health premiums in closed sessions
Beginning 1 May, private clinics and hospitals will be required to display their prices.
Malaysian Re report calls for healthcare finance reform
The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
Malaysia’s takaful industry poised for growth amidst regulatory reforms
New entry requirements for digital insurers and takaful operators aim to improve viability.
Malaysia’s healthcare system faces funding, cost challenges
The report also highlighted the key factors contributing to the escalating healthcare costs.
Allianz Life Malaysia unveils life and health insurance plan for SMEs
It includes group hospitalisation and surgical coverage.
Maybank Ageas core insurance entities expected to remain stable
Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
Allianz Life expands health options, boosting hospital coverage 50%
Customers can also choose between 5% or 15% co-insurance.
How much of Malaysians have financial legacy plans?
48% of cited conflict prevention as a key reason for legacy planning.
Malaysian insurers to cap premium hikes, ensure affordability
Insurers will cap annual premium hikes below 10%.
Tune Protect profit skyrockets in FY 2024
EPS stood at $0.018 (RM0.08).
Hannover Re unveils new Malaysia branch CEO
He joined the company in January 2024.
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Event News
Value migration to non-bank players with a "focused" model is accelerating.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs