Country: Malaysia Page 21 / 24
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- June 27 2016
CIMB to reap M$1bn revenue from banca deal
The Malaysian group expects to generate US$245m from its 15-year bancassurance deal with Sompo Japan Nipponkoa.
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- June 21 2016
Asean pushes for integration of insurance sector
Member countries have set up a working group that will look into the integration of the sector within the region.
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- June 16 2016
Malaysian takaful sector remains upbeat
The Islamic market is expected to withstand changes in the economic environment and continue growing at least until 2018.
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- June 7 2016
CIMB to sell Sompo Japan products in SE Asia
Malaysia's second-largest bank has struck a distribution deal for the Japanese insurer's non-life products.
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- May 31 2016
Comparison site GoBear expands in Malaysia
The Singapore-headquartered company has appointed Amelia Lim as its first head of marketing in the country.
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- May 26 2016
Asean plans insurance sector integration
A working committee will look measures to develop the sector, including encouraging greater participation of foreign partners.
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- May 16 2016
Malaysian consumers ask for more protection on claims
Lack of effective guidelines covering accident insurance claims has resulted in many policyholders being defrauded.
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- May 6 2016
Malaysia seeks cover for retrenched workers
The government has proposed a scheme that will aim to help workers who have lost their jobs.
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- April 29 2016
A window of growth in Malaysia’s Islamic market
Demand in Asia’s biggest takaful market is growing at multiples of the conventional industry.
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- April 29 2016
Zurich to take over Malaysia’s MAA Takaful
The deal proposed in November 2015 has won regulatory approval from the country’s central bank.
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- April 14 2016
Sompo nears US$200m bancassurance deal with CIMB
The 10-year deal will allow the company to distribute general insurance products through CIMB's branches across Asia.
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- April 12 2016
Malaysian takaful firms outperform Mid-East counterparts
The country's Islamic players are earning significant profits thanks to lower loss ratios.
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- April 5 2016
Australia’s Honan enters Malaysia
The Australian owned and operated broking company has entered a strategic relationship with local broker Hayat.
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- April 4 2016
Malaysia’s insurance, takaful sectors expect only moderate growth
Uncertainties in the financial markets and a challenging landscape seen as factors
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- March 16 2016
Life coverage in Malaysia insufficient, says industry group
Penetration may be high, but majority of the covered population is under-insured according to LIAM.
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- February 24 2016
Malaysia’s life coverage up 6.2% in 2015
The market posted coverage of M$1.24 trillion, according to the Life Insurance Association of Malaysia.
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- February 23 2016
Three bidders for CIMB bancassurance deal
Allianz, AXA, and Sompo are reportedly in their final bids to seal a distribution deal with Malaysia's second largest lender.
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- February 11 2016
LIAM defends strict regulation of Malaysia’s life industry
The Life Insurance Association of Malaysia issued the pronouncement in response to a letter published in The Star newspaper.
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- February 1 2016
Malaysia forecast to spend US$20bn on healthcare by 2020
The expected rise is due to chronic diseases, healthcare costs and the declining value of the the ringgit.
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- January 29 2016
Malaysia’s first takaful firm posts double-digit profit rise
The growth was attributed to higher sales from both family and general takaful businesses.
