Malaysia

Generali Malaysia dominates at Insurance Asia Awards 2024

Generali Malaysia dominates at Insurance Asia Awards 2024

Generali Insurance Malaysia Berhad and Generali Life Insurance Malaysia Berhad clinched top honours in three categories.

Liberty General Insurance awarded at Insurance Asia Awards 2024 for enhancing customer experience through innovative technology

It has developed a comprehensive ecosystem to elevate the customer experience through efficient solutions.

Allianz and HSBC launch new life insurance plan

The plan comes with a premium starting from RM6,000.

Bank Negara sets new claims standards for insurers

It also promotes the adoption of digital solutions to enhance efficiency.

Malaysia's general insurance to grow at 7.8% CAGR by 2028

The industry could see $5.0b in direct written premiums this year.

HL Assurance combats online fraud through partnership

The coverage offers protection against unauthorised transfers and false payments.

Zurich, AEON target gap in Takaful market

The partnership aims to integrate fintech with Islamic finance.

How well does Malaysia manage its risks?

Malaysia ranks high in climate risk quality.

PIAM appoints board of directors for 2024-2026

Leading the board is Ng Kok Kheng as chairman.

FWD Insurance launches affordable microinsurance for Malaysians

Qaseh Bakti Plus offers three plans for individuals aged 18 to 55.

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.