Category: News

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...

“Steep hike in insurance premium.” “Shocked by steep hike in premium.” These were the two headlines seen in The Star over the past two weeks, which came from readers voicing...

In a concerted effort to promote the importance of motorcycle maintenance and road safety among Malaysian riders, Berjaya Sompo Insurance Berhad ("Berjaya Sompo") has launched The Good Riders: MotoCheck campaign...

Bank Negara Malaysia will issue licences to any digital insurer and takaful operator that meets its requirements and will not limit the number of licences to just five. In a...

Bank Negara Malaysia (BNM) clarified on Saturday recent commentaries related to the implementation of co-payment requirements for medical and health insurance and takaful (MHIT) products, saying it aims to promote...

Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITO) to introduce cost-sharing features in their new medical and health insurance and takaful (MHIT) products starting in the third...

Berjaya Sompo Insurance Berhad (Berjaya Sompo), in partnership with the Financial Industry Collective Outreach (FINCO), has successfully concluded the BSIB-FINCO Nationwide Book Drive, collecting a total of close to 1,600...

Bank Negara Malaysia (BNM) and insurers are working on new insurance plans with cost-sharing provisions amid rising healthcare costs that will inflate claims and lead to higher premiums for consumers,...

More road accidents mean rising insurance costs for Malaysian motorists, who claim an average of RM15.1mil a day according to United Kingdom-based research house Global Data. "As per (data from)...

Newly incorporated digital bank GX Bank Berhad and Zurich Insurance Malaysia have jointly announced a 10-year exclusive partnership to co-create micro protection products for the underserved in Malaysia. By leveraging...