Insurance Info

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)...

News

Zurich Insurance & GXBank To Offer Protection For Scam Victims

admin6 May 2024

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...

Articles

Why insurance is essential?

admin6 May 2024

Insurance plays a crucial role in today's society by offering essential financial protection and peace of mind to individuals and businesses alike. At its core, insurance is a contract between...

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....

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...

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...

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...

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...

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...

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...

Mercedes-Benz and a Toyota Vellfire seized for driving without Insurance

Allianz and p-hailing platforms unite for rider safety

Ms. Ang Yien Chia as MSIG new CEO

Malaysia’s General Insurance Sector Sees RM23.1 Billion in Premiums for 2024, Despite Profit Pressures

Average RM15.1mil insurance claim payout per day

Zurich Insurance & GXBank To Offer Protection For Scam Victims

Why insurance is essential?

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

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

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

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

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

Allianz EV Shield provides extra cover for EV owners

Prudential Malaysia celebrates its 100th anniversary

Mercedes-Benz and a Toyota Vellfire seized for driving without Insurance

Allianz and p-hailing platforms unite for rider safety

Ms. Ang Yien Chia as MSIG new CEO

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