Malaysia

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

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

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

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

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.

The insurer now has five products under its Rahmah Insurance porftolio.

This comes as an addition to their on-the-job insurance plans, which offers 24-hour accident coverage.

The Labuan FSA and Bermuda central bank target to bolster the insurance market and digitalisation efforts.

Its online platform promotes financial literacy and strategic partnerships, aligned with the government’s insurance agenda.

For 2023, life insurance in Malaysia is forecasted to grow 2.4%.

Both its life and general insurance subsidiaries also saw increases in revenue.

FWD Insurance Berhad was previously called Gibraltar BSN Life Berhad.

Tune Protect’s Prasanta Roy tackles digitalisation and overcoming regulatory challenges for efficient, scalable, and secure services at 2023 Insurance Asia Forum.

Policyholders receive roadside assistance services up to three times a year, including towing of their goods-carrying vehicles.

Empowers customers to conveniently schedule virtual appointments for seamless interactions.

It has implemented a seamless and instant claims journey and significantly increased customer satisfaction.