Malaysia
Sun Life Malaysia Takaful announces new CEO
Great Eastern General Insurance Malaysia names new CEO
He succeeds Ng Kok Kheng, who retires after 17 years in this role.
Zurich reveals flagship branch in Johor Bahru
It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint.
Malaysian Re’s expansion into non-traditional segments to drive growth
The company’s operating performance was seen as “adequate”.
Crawford & Company appoints new loss director for Malaysia
His expertise spans handling losses valued between RM20m and RM100m.
Malaysia property risk programmes see reductions: Gallagher Re
Small flood event losses on the East Coast did not impact renewals.
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.
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.
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Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers