Malaysia
Allianz General sees 22% surge in special perils cover in car insurance
Recent floodings have raised questions about insurance protection in Malaysia.
Allianz General sees 22% surge in special perils cover in car insurance
Recent floodings have raised questions about insurance protection in Malaysia.
Hong Leong Assurance announces three leadership appointments
All three have a wealth of experience in the insurance industry.
Allianz Malaysia GWP soars to $990m in 2021
The life insurance subsidiary grew by 8.2% in the first nine months of 2021.
3 out of 5 Malaysian motorists lack flood insurance
Only 34% are covered by flood damages such as falling trees.
38% of Malaysians still lack personal cover: survey
This is despite an increase in awareness of the need to have insurance protection to 84%.
Zurich Malaysia launches assistance program for pandemic affected businesses
The program is worth MYR2m.
Swiss Re Corporate Solutions appoints new Malaysian chief
Jack See will take over from Juerg Stoll, as the latter retires in January next year.
Allianz Malaysia GWP surges to $662m for H1 2021
However, profits before tax is 19.6% lower compared to last year.
Allianz General launches customisable insurance packages for SMEs
The Allianz Business Shield aims to help SMEs to minimise their business risks.
Liberty Insurance wows at Insurance Asia Awards 2021
Insurance solutions provider awarded Claims Initiative of the Year Award following implementation of pioneering virtual appraisal tool.
Health insurance important driver in Malaysia's non-life market growth: analyst
Stable outlook is also projected for Malaysia’s non-life insurance industry.
Swiss Re Asia appoints new head of Malaysia branch
He will also assume the role of head of client markets property and casualty.
Allianz Life Malaysia launches PreciousCover, BabyCover plans for expectant mothers
It provides coverage for child critical illnesses and development disorders.
Zurich Malaysia appoints Junior Cho as country head
Cho will report to Zurich Asia Pacific CEO Tulsi Naidu.
Amidst AXA deal, what drew Generali towards Malaysia's P&C sector?
The insurer remains optimistic for the sector as it has shown strength despite the pandemic.
Allianz Malaysia CEO calls for unity vs motor claims fraud
Motor claims fraud costs the industry $240.5m (MYR1b) per year, he said.
Malaysian central bank pushes upgrades to insurer, takaful capital framework
These upgrades ensure that the framework remains effective amidst shifting market conditions.
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1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. APAC emerges as leader in renewables insurance 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource Center
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Humans need to be in insurance’s genAI loop
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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.
