Country: Malaysia Page 7 / 24
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- June 2 2022
Malaysia’s Tune Protect appoints Jubin Mehta as chief executive
Mehta will help develop Tune Protect as a "technologically progressive organisation".
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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- April 27 2022
Construction to drive Malaysia P&C sector: report
The market is expected to hit US$5.5bn in premiums in 2026, according to GlobalData.
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- April 13 2022
Zurich’s Malaysia takaful arm promotes head of sales to CEO
Malaysia's takaful market has been growing at a breakneck speed over the past decade.
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- February 25 2022
Crawford appoints Nathan Hannah as Malaysia head
Current CEO Hon Mun Choong will transit to a non-executive director on the Malaysian board.
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- February 23 2022
Takaful resilience on display in 2021
Islamic insurance products in Indonesia and Malaysia grew much faster than conventional insurance.
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- February 21 2022
Tune Protect: Asean on the ‘cusp’ of a digital revolution
With less than 2% digital penetration in Asean, motor and healthcare are ripe for disruption.
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- January 28 2022
Malaysia targets insurtech in new plan
The central bank’s Financial Sector Blueprint envisages new digital licences by 2023.
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- January 25 2022
Malaysian Re renews voluntary cessions until end of 2024
The reinsurer helps support the Malaysian Aviation Pool and Malaysian Energy Risks Consortium.
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- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
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- January 6 2022
Malaysia’s regulator issues digital licensing discussion paper
Central bank initiative has a proposed minimum capital requirement of US$9.5m and includes the takaful market.
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- December 30 2021
Malaysia’s life, takaful firms offer flood relief measures
Grace periods for premium and contribution payments will be extended from the usual 30 days to a longer timeframe.
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- December 29 2021
Malaysia’s insurers face US$715m flood bill
The country's P&C players have also created a relief fund for motorists in the wake of Super Typhoon Rai.
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- December 20 2021
Allianz Malaysia appoints new chief executive
Sean Wang will replace the outgoing Zakri Khir who is retiring at the end of the year.
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- December 10 2021
Malaysian Re posts improved underwriting results: AM Best
The reinsurer plans to expand into non-traditional products, new markets and distribution channels.
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- December 9 2021
Labuan Re faces GWP decline amid Lloyd’s rollback: AM Best
The rating agency also upgraded its outlook for the Malaysian reinsurer from negative to stable.
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- December 6 2021
Malaysia’s takaful players on ‘value-based’ journey: regulator
Regulator notes how policyholders were offered deferments during the pandemic.
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- December 3 2021
Labuan’s captive market shows strong growth
Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
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- December 3 2021
Malaysia’s Lonpac gets lockdown boost: AM Best
Movement restrictions during the pandemic led to lower loss ratios for some business lines.
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- November 30 2021
Malaysia takaful premiums show strong H1 growth: MTA
Despite Covid-19 challenges, the family takaful market — which includes life — saw 46.7% annual premium growth to US$1.1bn.