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“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...
Tune Protect Group Appoints How Kim Lian as New Group Chief Executive Officer
Tune Protect Group Berhad (“Tune Protect or “Group”; TUNEPRO, 5230) today announced the appointment of How Kim Lian (“How”) as its new Group Chief Executive Officer (“GCEO”), effective 29 July...
Berjaya Sompo partners up with iMotorbike to launch the good riders: Motocheck Campaign
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 to open licences to digital insurers that meet its requirements
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...
Co-payment requirements for medical and health insurance and takaful products to promote sustainability, affordability — BNM
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...
BNM mandates cost-sharing in medical and health insurance, takaful products
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 And FINCO Collaborate For Nationwide Book Drive, Advancing Quality Education And Sustainability
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...
BNM, insurers working on new insurance policies with cost-sharing provisions
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,...
Average RM15.1mil insurance claim payout per day
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)...
Zurich Insurance & GXBank To Offer Protection For Scam Victims
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...