Malaysia
Bank Negara Malaysia issues code for insurers, takaful operators
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.
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.
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