Malaysia
Malaysia’s PIAM awaits updated guidelines for vehicle repair
These developments are in line with Malaysia’s aspirations of transforming motor claims.
Malaysia’s PIAM awaits updated guidelines for vehicle repair
These developments are in line with Malaysia’s aspirations of transforming motor claims.
GX Bank, Zurich Malaysia ink 10-year bancassurance partnership
They will co-create micro digital insurance products for Malaysians.
Great Eastern witnesses 26% YoY profit surge in Q1’24
Its new business-embedded value leapt 21% YoY.
30% of Malaysian millennials grasp insurance basics
66% of Malaysians feel like they can reach their long-term financial goals.
Malaysia’s general Takaful payouts up 24.4% in responsiveness
MTA anticipates steady industry momentum in 2024.
Malaysian Re inks deal with Chinese firms on cancer treatment
It hopes to improve products under health and medical.
Callable notes to enhance Great Eastern Life’s financial resilience
S&P Global sees the proposed notes as having intermediate equity content.
Tune Protect Group CEO resigns
Rohit Nambiar plans to take a career break.
LIAM re-elects Raymond Lew as president
Lew holds over 30 years of experience as chief executive officer and president of Sun Life Malaysia Assurance Berhad.
Malaysia's insurance industry grows 7.8% in 2023
On the other hand, underwriting profit contracted by 26%.
Allianz General and ProppyApp ink MoU to expand insurance access
Users will gain access to a range of insurance products via their mobile application.
9 out of 10 Malaysians are open to sharing data for personalised coverage: Survey
Malaysians consider three things when buying insurance: affordability, meeting customer needs, and value for money.
Allianz Life, HSBC Malaysia unveil two new investment-linked funds
Its fund manager is BlackRock.
About 63% of Malaysian women lack self-perceived insurance understanding: report
Only 23% expressed confidence in their understanding of insurance and takaful products.
FWD Group becomes majority stakeholder in Malaysian arm
JAB Capital Berhad is no longer a shareholder after the transaction.
Malaysia’s takaful sector stable, but rising claims weigh on growth
Growing demand for digital services will be a catalyst for growth.
High interest in personalised insurance among Malaysians: Capco survey
Malaysians prefer to share data through health or fitness tests.
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
