Etiqa wins suit to declare motor insurance policy invalid
High Court rules that the policy was issued at 3.49pm on Dec 23, 2022, when a police report stated that the accident occurred at 3.45pm. The High Court has allowed...
INSURANCE AND TAKAFUL INDUSTRY ADDRESS CONCERNS ON MEDICAL PREMIUM INCREASES AMIDST RISING HEALTHCARE COSTS
The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) acknowledge the concerns raised by policyholders regarding the recent increase in medical...
Planning to get a home insurance in Malaysia? Let us guide you on coverage, policies, and what’s included
Recent changes in global weather patterns have triggered flash floods across various parts of Malaysia, causing billions of ringgits in property damage. While natural disasters such as floods and landslides...
Vehicle insurers liable to passengers injured on work travel, says Federal Court
The Federal Court has in a landmark decision ruled that a passenger travelling in a vehicle on work matters can recover compensation from the vehicle’s insurers for injuries suffered in...
Jail and RM10,000 fine for drink-driving
A children's accessories shop owner and a production company employee were each fined RM10,000 and sentenced to a day in jail after pleading guilty to drink-driving charges at the Magistrate's...
Allianz General reminds Malaysians to protect their assets following KL floods, landslide
Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) reminds Malaysians to ensure adequate protection, including insurance cover, following recent floods and a lansdslide that affected areas in Kuala Lumpur. On...
Zurich Malaysia Appoints Pauline Teoh as Chief Executive Officer at Zurich Life Insurance Malaysia Berhad
Zurich Life Insurance Malaysia Berhad (ZLIMB) is pleased to announce the appointment of Pauline Teoh as its new Chief Executive Officer, effective 1 November 2024. Pauline brings over 25 years...
Insurance – debunking the myths and misconceptions
When you bring up the subject of insurance or takaful, everyone has an idea of how it works, and often the thoughts surrounding the topic aren’t very positive ones. Too...
Malaysia Insurance Institute is now Asian Institute of Insurance
The Asian Institute of Insurance (Aii), formerly known as the Malaysian Insurance Institute (MII), has embarked on a strategic rebranding that reflects its ambition to lead insurance education and professional...
New business for life, general insurance saw double-digit growth in 1H 2024
New business premiums in life and general insurance industry recorded double-digit growth in the first half (1H) of 2024, exceeding RM20 billion, said Bank Negara Malaysia (BNM) governor Datuk Seri...