Malaysia
Malaysia introduces diagnosis-based pricing in health insurance reforms
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.
Allianz Malaysia Berhad posts 14.3% rise in insurance revenue for Q1 2025
This is equivalent to reaching $367.2m during the period.
Malaysia urges youth to apply for i-MULA subsidy before funds run out
Out of the $1.15m, $598,000 has already been disbursed.
Zurich, ShopeePay launch Shariah-compliant travel takaful plan
The takaful plan provides up to RM300,000.
MSIG Insurance inaugurates assisted living cover for personal accident holders
This benefit was previously available only through life insurance.
How embedded finance and AI are reshaping Malaysia’s finance sector
Value migration to non-bank players with a "focused" model is accelerating.
LIAM names AIA’s Ben Ng as new industry association president
He succeeds Raymond Lew, who served as President, Vice President for over 5 years.
Hong Leong Assurance introduces retirement-focused policy
HLA Future Secured offers coverage of up to RM4m.
Malaysian insurers expedite claims for Putra Heights explosion victims
The association expects high volume of claims.
Public Accounts Committee investigates rising health premiums in closed sessions
Beginning 1 May, private clinics and hospitals will be required to display their prices.
Malaysian Re report calls for healthcare finance reform
The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
Malaysia’s takaful industry poised for growth amidst regulatory reforms
New entry requirements for digital insurers and takaful operators aim to improve viability.
Malaysia’s healthcare system faces funding, cost challenges
The report also highlighted the key factors contributing to the escalating healthcare costs.
Allianz Life Malaysia unveils life and health insurance plan for SMEs
It includes group hospitalisation and surgical coverage.