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.

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.

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.

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.