Month: March 2024

The profitability of insurance and takaful funds declined in the second half of 2023 (2H2023) due to larger net underwriting losses of life insurance and family takaful funds as a...

Bank Negara Malaysia has mandated insurance companies and takaful operators to conduct thorough and impartial investigations into all consumer claims. This directive aims to ensure equitable treatment for consumers and...

The Magistrate's Court in Kuantan has ruled that a tractor owner cannot seek compensation for the theft of his vehicle under his insurance policy as he had carelessly left the...