Malaysia
Life, pension segment boosts growth for Malaysia’s insurance industry
Life, pension segment boosts growth for Malaysia’s insurance industry
The industry is predicted to grow at a CAGR of 8.4% until 2026.
Allianz Malaysia records 10.4% increase in GWP for H1 2022
Both its life and non-life businesses also reported GWP increases in H1.
Allianz Life Malaysia adds two new cover for Allianz Care@Home
These are in addition to the coverage for dengue and COVID-19.
AIA Malaysia launches partnership with digital mental health platform ThoughtFull
The insurer plans to integrate the platform in its corporate solutions portfolio.
General takaful drives Malaysia’s non-life insurance growth
Non-life grew by 4% in 2021.
Malaysia passes bill for insurance cover for housewives
Three million housewives would benefit from the cover.
Clock’s ticking for foreign insurers in Malaysia to reduce stakes in local ventures
The Malaysian central bank is giving foreign insurers until the end of 2023.
Malaysian digital insurer VSure.life expands footprint in the UK
Gary Ross was appointed as VSure UK CEO.
Allianz Malaysia names new chairman
The new chairman was the former CEO of Allianz General Malaysia.
Allianz Malaysia reports over 100% increase in pre-tax profit in Q1
Both life and non-life segments saw an increase in gross written premiums in 2022.
Malaysia has sufficient capacity for flood insurance
However, unaffordability remains a tall hurdle.
Affin Bank sells stake in AXA joint ventures
The Malaysian regulator recently gave the bank its approval for the sale.
Allianz Life Malaysia upgrades medical insurance cover
Policyholders now have access to added services like home medical assistance.
Malaysia general insurance industry to reach $5.5b in 2026
The industry’s growth was boosted by strong performance in motor insurance.
Allianz General Malaysia launches bicycle insurance
The insurance provides protection from accidents and theft.
Allianz Life reveals estate planning awareness in Malaysia on the rise
Company chief said this is very encouraging to see in the country.
Allianz General partners with TREVO to launch car-sharing insurance
This is a first-of-its-kind product in Malaysia tailored for TREVO Hosts.
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