AIA appoints Heng Zee Wang as CEO
AIA Bhd has appointed Heng Zee Wang as chief executive officer effective Oct 30, 2025. In a statement Thursday, the insurance company said Heng will report to AIA Group regional chief executive...
Houseowner And Householder Insurance Remains Vital As Earthquakes And Floods Pose Growing Risks
The recent earthquakes felt in both Sabah and Peninsular Malaysia serve as a reminder that the country is not free from seismic activity and other natural disasters. While Sabah has...
Some EVs can’t be repaired after crashes, say insurers
Accidents involving electric vehicles (EVs) can be far more complex and costly to handle than those involving conventional cars and in some cases, the damage can be so severe that...
Claiming your own insurance and not losing your NCD if you are not at fault
Motorists who are not at fault in accidents can claim repairs directly from their own insurers without affecting their No Claim Discount (NCD). Bank Negara Malaysia (BNM) Consumer and Market...
PIAM Reminds on The Importance of Fire Insurance Following Pantai Dalam Fire Incident
Persatuan Insurans Am Malaysia (PIAM) extends its heartfelt sympathies to those affected by the recent fire that destroyed several homes and commercial premises in Pantai Dalam late on 7 August....
Mercedes-Benz and a Toyota Vellfire seized for driving without Insurance
The Road Transport Department (JPJ) seized four luxury vehicles—including a Mercedes-Benz and a Toyota Vellfire—for lacking valid insurance and road tax during an operation in Shah Alam on 6 August...
Allianz and p-hailing platforms unite for rider safety
ONE of Malaysia’s leading protection solutions company – Allianz Malaysia Berhad (Allianz Malaysia), has partnered with the Malaysian Institute of Road Safety Research (MIROS) and leading p-hailing platforms – foodpanda...
Ms. Ang Yien Chia as MSIG new CEO
MSIG Insurance (Malaysia) Bhd ("MSIG Malaysia") announced that Mr. Chua Seck Guan, its Chief Executive Officer (CEO) since 30 March 2010, retired on 2 July 2025 after an illustrious career...
Malaysia’s General Insurance Sector Sees RM23.1 Billion in Premiums for 2024, Despite Profit Pressures
Malaysia’s general insurance industry recorded RM23.1 billion in gross written premiums in 2024, representing a 6.9% increase over the previous year, according to the General Insurance Association of Malaysia (PIAM)....
Motor Insurance Claims in Malaysia Surge to RM15.1 Million Daily in 2023
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...