Malaysia
Maybank Ageas core insurance entities expected to remain stable
Maybank Ageas core insurance entities expected to remain stable
Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
Allianz Life expands health options, boosting hospital coverage 50%
Customers can also choose between 5% or 15% co-insurance.
How much of Malaysians have financial legacy plans?
48% of cited conflict prevention as a key reason for legacy planning.
Malaysian insurers to cap premium hikes, ensure affordability
Insurers will cap annual premium hikes below 10%.
Tune Protect profit skyrockets in FY 2024
EPS stood at $0.018 (RM0.08).
Hannover Re unveils new Malaysia branch CEO
He joined the company in January 2024.
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
Great Eastern General Insurance Malaysia names new CEO
He succeeds Ng Kok Kheng, who retires after 17 years in this role.
Zurich reveals flagship branch in Johor Bahru
It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint.
Malaysian Re’s expansion into non-traditional segments to drive growth
The company’s operating performance was seen as “adequate”.
Crawford & Company appoints new loss director for Malaysia
His expertise spans handling losses valued between RM20m and RM100m.
Malaysia property risk programmes see reductions: Gallagher Re
Small flood event losses on the East Coast did not impact renewals.
EGIB balance sheet strength underpinned by risk-adjusted capitalisation
Its balance sheet strength achieved its ‘strongest’ level at year-end 2023.
Malaysia’s non-life insurance sector sees stable outlook
AM Best also expects insurers to maintain robust underwriting profits.
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.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
