Malaysia

PIAM supports upcoming vehicle repair requirements for safer roads

PIAM supports upcoming vehicle repair requirements for safer roads

The Automotive Engineering Division of JPJ is revising guidelines on vehicle accident repair which take into account the latest advancements in auto tech and repair methods. 

Allianz Life sees number of new agents grow 51.9% in  2023

Its market share expanded to 12.1% during the same year.

Malaysian businesses most concerned about interruption from increased storms and floods: Allianz

The Allianz Risk Barometer 2024 revealed that risks of cyber attacks, natural calamities, and fires are the top concerns of Malaysian businesses.

Stable outlook for Etiqa General Insurance: AM Best

Enterprise Risk Management (ERM) is deemed appropriate for the company’s capabilities.

Janet Chin becomes Tune Protect Re’s CEO

She has more than 26 years of experience in the financial services industry.

Allianz Malaysia registers record-high dividend payout

ICPS also reached its highest total dividend of 120.6 sen.

Malaysia revises ceding-out rule of takaful risk to insurers amidst hardship cases

A licensed takaful operator is not permitted to distribute risks through a ceding-out arrangement to an insurer.

Malaysia Life Re enters family retakaful market

As part of its philanthropic efforts, MLRe contributed RM20,000 to two Tahfiz institutions during the launch event.

More Malaysian customers satisfied with the general insurance industry – Survey

Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.

Tune Protect should see a boost in diversification: AM Best

TPR’s operating performance was ‘satisfactory’, AM Best said.

PIAM supports trade dep’t for better motor repair industry

It aims to have a better outcome for the development and sustainability of the motor insurance and repair ecosystem. 

Anora Agency taps Jeffrey Khoo as chairman

He is know for his work in parametric insurance for the agriculture sector.

Malaysia’s general insurance industry climbs 7.3% YoY in 1H23

Underwriting profit saw a huge drop of 37.8% mainly due to motor and fire lines.

Allianz Malaysia sustains 11.3% YoY growth in Q3 revenue

Year-to-date (YTD), its total business volume amounted to RM3.63b.

Generali Malaysia unveils new model branch for customer-centricity

It is located at Pusat Komersial Saujana, Seremban 2 Heights.

Malaysia provides update for DITO framework, to encourage broader participation

This framework is designed to facilitate the entry of Digital Insurers and Takaful Operators (DITO) in the country.

AIA Malaysia offers groundbreaking end-to-end mental health solution for employees

Breaking new ground in the industry, the AIA Mental Health Solution integrates holistic mental wellness into the employee benefits offering, marking a monumental step towards prioritising both physical and mental health.