Category: News

In 2023, motor insurance claims in Malaysia—including those for private vehicles, motorcycles, and commercial transport—reached an average of RM15.1 million per day. That’s roughly RM629,000 every hour, marking the largest...

If your house or car was damaged in the Putra Heights gas pipeline fire yesterday, be sure to document the damage with photos or videos to support your insurance claims....

Bank Negara Malaysia (BNM) on Friday released the finalised policy document on complaints handling by financial services firms, including banks, insurers and payment system operators. Financial services firms must acknowledge...

Eighty-five per cent of Malaysians are at risk of a looming legacy crisis due to the absence of a financial legacy plan, with only a small fraction having taken concrete...

Badminton Association of Malaysia (BAM) players and their coaches will have peace of mind when competing abroad as Allianz Malaysia Berhad has announced a partnership with the governing body. As...

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...

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...

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...

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...

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...