Malaysia

Malaysia insurers must confront catastrophe risk spike for 2026 report

Over one-third of respondent identified extreme weather events as their top risk.

Malaysian committee pushes transparency as healthcare financing flaws persist

Its mandate includes finding root causes and building practical fixes across the insurance and takaful system.

Malaysian Re may face pressure as AM Best warns of softening market

Earnings were described as robust in the first half of fiscal 2026.

Prudential buys 19% of SHS for $375m to lift stake to 70%

Minority profit and equity attribution falls as the partner holding drops to 30%.

Aon appoints Neelay Patel as Malaysia CEO to drive four core units

This appointment aims to align regional priorities with local business requirements for clients.

Lockton takes majority control of Lockton Sime broker

The firm also changed its name from Sime Darby Lockton Insurance Brokers.

What drove Malaysia’s general insurance market to rise 4%?

Motor insurance accounted for 42.8% of total premiums or $1.3b.

Malaysia’s non-life market stable as tariff liberalisation boosts pricing flexibility

The industry’s growth will also be supported by rising demand for digital insurance products.

Malaysia motor insurance premiums hit $3.3b by 2030

Lower borrowing costs are also expected to support vehicle purchases. 

Labuan Re cuts processing time and boosts system performance

The new platform cut batch job processing times by up to 80%. 

Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors

RHB said the product is designed for customers aged 40 to 70.

Veteran with 20 years’ experience named Labuan IBFC CEO

His priorities include expanding engagement with regulators and industry players.

Allianz Life elevates CFO Giulio Slavich to CEO

Incumbent CEO Charles Ong is retiring by the end of 2025.

Allianz Malaysia logs 9M 2025 profit growth on rising insurance revenue

Both general and life insurance segments saw higher revenue in Q3.

Aeon Bank and Zurich Malaysia extend partnership to offer Takaful plans

Customers can avail of a plan for as low as MYR5 or MYR18.

Malaysia sees stable non-life growth amidst premium rise

Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.