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Lack of life insurance a ticking time-bomb, says industry
News

Lack of life insurance a ticking time-bomb, says industry

admin24 April 2024
Less than half of the Malaysian population is insured, according to industry players who urged the public to have adequate medical coverage to handle unexpected illnesses in their old age....
General Insurance Premium grow by 7.8%, but claims payout RM21mil per day
News

General Insurance Premium grow by 7.8%, but claims payout RM21mil per day

admin2 April 2024
The general insurance industry recorded an increase in gross written premiums of 7.8% to RM21.4 billion for 2023 compared to the previous year. Despite the positive trajectory, the underwriting profit...
BNM: Insurance and takaful funds’ profit dropped in 2H2023 as payments of medical claims increased
News

BNM: Insurance and takaful funds’ profit dropped in 2H2023 as payments of medical claims increased

admin20 March 202420 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...
Insurance companies and Takaful operators need to ensure fair services to all claims
News

Insurance companies and Takaful operators need to ensure fair services to all claims

admin18 March 202419 March 2024
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...
Theft due to owner’s negligence is not covered by Insurance
News

Theft due to owner’s negligence is not covered by Insurance

admin18 March 202418 March 2024
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...
Allianz EV Shield provides extra cover for EV owners
News

Allianz EV Shield provides extra cover for EV owners

admin29 February 202431 March 2024
Allianz General Insurance Company Malaysia Berhad (Allianz General) has announced its latest insurance product, Allianz EV Shield, which is the firm’s insurance coverage for electric vehicles under the private car...
Prudential Malaysia celebrates its 100th anniversary
News

Prudential Malaysia celebrates its 100th anniversary

admin27 February 2024
AS Prudential Malaysia celebrates its 100th anniversary, its ambition to add value to the wider community for a more sustainable and inclusive future will continue to drive the insurer and...
Uproar over health premium hike
News

Uproar over health premium hike

admin27 February 2024
HEALTH insurance policyholders in the country seem to be the hardest hit when it comes to price hikes. For the second time in three years, health insurers have seen it...
Etiqa Introduces Family Protection with Improved Term and Critical Illness Plans in Partnership with EPF
News

Etiqa Introduces Family Protection with Improved Term and Critical Illness Plans in Partnership with EPF

admin19 February 2024
Etiqa launched its new term and critical illness family plans in collaboration with the Employee Provident Fund (EPF). The newly unveiled offerings consist of two insurance products, Etiqa Term Plus...
Liberty unveils auto365 Comprehensive Lite that offers flexible tailored protection
News

Liberty unveils auto365 Comprehensive Lite that offers flexible tailored protection

admin19 January 202419 January 2024
RECOGNISING that every driver is unique, Liberty General Insurance Berhad has rolled out auto365 Comprehensive Lite – a new private car insurance policy that prioritises personalisation and peace of mind....

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Recent Posts

  • Malaysia’s General Insurance Sector Sees RM23.1 Billion in Premiums for 2024, Despite Profit Pressures
  • Motor Insurance Claims in Malaysia Surge to RM15.1 Million Daily in 2023
  • Hong Leong Assurance Revolutionises Retirement Protection with HLA Future Secured
  • Damaged property or vehicle in Putra Heights blaze? PIAM expedites insurance claims — here’s how to file yours
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  • About Insuranceinfo
  • What you should know
    • What to do in an event of an accident?
    • Making a Complaint
  • learn the basics
    • Insurance Glossary
    • What is Insurance/Takaful?
    • Types of Insurance
      • Motor Insurance
        • What you should be aware when buying motor insurance
      • Fire Insurance
        • Important points to note when buying insurance for your property
      • Medical & Health Insurance
      • Personal Accident Insurance
      • Travel Insurance
  • Case Study
  • Frequently Asked Questions
    • FAQ on Life Insurance
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Malaysia’s General Insurance Sector Sees RM23.1 Billion in Premiums for 2024, Despite Profit Pressures

Motor Insurance Claims in Malaysia Surge to RM15.1 Million Daily in 2023

Hong Leong Assurance Revolutionises Retirement Protection with HLA Future Secured

Damaged property or vehicle in Putra Heights blaze? PIAM expedites insurance claims — here’s how to file yours

Banks, insurers required to promptly resolve customer complaints under new BNM policy

Most Malaysians unprepared to secure family’s future: Sun Life survey

PIAM: Crash victims can sue party at fault if vehicle is uninsured

BAM’s partnership with Allianz offers better protection for players and coaches

Etiqa Life Insurance appoints Leong Su Yern as new CEO

Etiqa wins suit to declare motor insurance policy invalid

INSURANCE AND TAKAFUL INDUSTRY ADDRESS CONCERNS ON MEDICAL PREMIUM INCREASES AMIDST RISING HEALTHCARE COSTS

Planning to get a home insurance in Malaysia? Let us guide you on coverage, policies, and what’s included

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