Malaysia

Allianz Malaysia lifts life profit 12.1% YoY with $61.1m in H1 2025

Group insurance revenue for the second quarter (Q2 2025) rose 10.9% YoY.

AM Best expects Malaysian Life Re performance to remain adequate in 2025

In 2024, Malaysian Life Re reported a negative insurance service result.

RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia

RHB will distribute life insurance, family takaful, and general takaful products.

How will Malaysia’s general insurance market perform in 2025?

Pressures like new reciprocal tariffs from the US could impact future growth.

Zurich Malaysia launches AI assistant for agent support via WhatsApp

The tool is available 24/7, helping agents reduce turnaround time.

MSIG Malaysia names Ang Yien Chia as new CEO

Chua Seck Guan retires after a 42-year career in the industry.

Singapore-based petrochemical conglomerate secures $350m cover from ICIEC

The Islamic Development Bank (IsDB) Group is also investing $150m.

Markel Insurance names principal officer for Malaysia

Markel is currently licensed as a Tier 2 reinsurer in Labuan.

AmMetLife unveils new CEO

Prior to joining AmMetLife, he was CEO of Zurich Takaful Malaysia.

Sun Life Malaysia reels in Teck Seng as new CEO, Lew retires

Teck Seng brings over 30 years of experience in the insurance industry.

Malaysia introduces diagnosis-based pricing in health insurance reforms

The Health Minister said the product aims to support more sustainable private sector financing.

Revised solvency rules could spur new wave of Malaysian insurance M&As

Insurers must provide capital for increased risk from floods, among other charges.

Zurich Takaful rolls out plan with payouts up to 12%

Only 58% of Malaysians are actively saving for the future.

HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia

The plan offers a minimum sum assured of MYR1m and payment flexibility.