Country: Malaysia Page 22 / 23
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- September 16 2015
Indonesian regulator revokes licence of MAA General
Its Indonesian operation licence has been revoked with effect from September 3 2015.
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- September 10 2015
Malaysia to reach 70% life insurance penetration by 2020
The country's life insurance sector is proving resilient to current economic pressures, says MII.
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- September 8 2015
Malaysia’s CIMB seeks general insurance distributor
CIMB is looking for insurers to distribute its general insurance products in South-East Asia.
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- September 7 2015
Weak car sales hurting Malaysia’s general insurance market
The Malaysian Insurance Institute says the industry is likely to be stagnant through to 2016.
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- August 19 2015
Investment-linked plans drive take-up rate in Malaysia
Greater awareness has helped insurance protection in the country to increase 8.1% during the first half of the year.
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- August 10 2015
Malaysia’s life insurers settle all MH370 claims
The Life Insurance Association of Malaysia has said that a total of M$16.9m was paid to the victims's families.
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- August 7 2015
MH370 claims to surface with debris find?
Flaperon found on Reunion Island could be the next step in solving the mystery of the Malaysia Airlines flight.
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- August 3 2015
Lloyd’s seeks license to operate in Malaysia
World's specialist insurance market said to be applying for an onshore reinsurance license to operate in Malaysia.
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- July 13 2015
Allianz Malaysia lowers 2015 growth target
CEO Zakri Khir, however, tells reporters that the insurer continues to expect satisfactory growth for 2015.
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- July 2 2015
Malaysia’s Islamic insurance premiums to grow 18.2% annually
Takaful projected to reach a market share of 18% of total insurance premiums by 2019, from 10% in 2013.
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- June 30 2015
Malaysia’s Takaful Ikhlas plans overseas venture by 2020
The KL-based Islamic financial protection provider is planning to venture abroad by 2020.
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- June 26 2015
Malaysia’s BTPN bank seeks life insurance acquisition
BPTN customers currently covered by separate credit life insurance policies.
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- June 24 2015
Allianz launches new products targeting PWDs in Malaysia
Plans to cooperate with NGOs supporting PWDs in distributing the products.
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- June 22 2015
Malaysia’s Islamic insurers investing more in technology
Takaful operators plan to double the number of Islamic insurance policyholders in five years.
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- June 18 2015
Zurich Insurance to acquire 75% stake in MAA Takaful
Deal subject to approval by Bank Negara and the minister of finance.
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- June 1 2015
Global insurance fraud further aggravated by technology
Insurers and takaful operators posted an estimated loss of MYR760m (US$207m) in 2013.
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- May 27 2015
Malaysia’s AmMetLife Takaful names new CEO
Mohamad Salihuddin Ahmad tasked with enhancing the group's takaful value proposition to customers.
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- May 16 2015
Takaful Malaysia confirms small exposure in troubled 1MDB
Invested in the troubled state-owned 1Malaysia Development Berhad (1MDB) via an Islamic Bond in 2009.
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- May 13 2015
Malaysia’s AIA names first woman CEO
Anusha Thavarajah to be named as new CEO, taking over from Bill Lisle.
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- May 12 2015
Bank Negara Malaysia inks IAIS exchange agreement
BNS Governor Dr. Zeti Akhtar Aziz confirmed the development in a statement.
