Magazine

May 2014

Read the latest edition of AIR and MEIR as an Interactive e-book

Country Profile


A market led by enlightened regulatory reforms

This is one market where the slew of regulatory reforms have been given the thumbs-up by insurers and observers in the market with expectations for a business landscape that adds better value, advice, service and choice for the policyholders. Players are bullish about the future and even eyeing overseas expansion.

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Life: Riding on government initiatives

Much has been announced on the regulatory front by Bank Negara Malaysia (BNM). But life insurers are taking it positively, looking ahead bullishly to ride on government initiatives to forge ahead. By Benjamin Ang


Non-Life: Gearing up for motor and fire detariffication

Malaysia's non-life sector is gearing up for the expected removal of tariffs for motor and fire insurance. Industry players share what they are doing to prepare for it, and also their thoughts and outlook of the sector. By Benjamin Ang

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Regulations galore

The greater maturity of the insurance industry has allowed Bank Negara Malaysia to pursue important reforms. We take a look at some of the key regulatory changes. By Benjamin Ang

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Malaysian Re: A greater focus on international growth

The industry should be well-equipped to adjust to the regulatory changes which come as no surprise. Mr Hashim Harun, CEO, Malaysian Re, speaks about what needs to be improved in the market, his thoughts on the voluntary cession, and his plans for more international business. By Benjamin Ang

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MITBA: Setting the bar for brokers

Mr Alex Low, Chairman, Malaysian Insurance and Takaful Brokers Association (MITBA) and also Executive Director of Jardine Lloyd Thompson Sdn Bhd, shares what the association is doing to raise the standards of the broking industry, and how the broking landscape is expected to change with the introduction of the Financial Services Acts (FSA & IFSA). By Benjamin Ang

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Preparing for AEC

The ASEAN Economic Community (AEC) is targeted to be introduced in 2015 to create a more integrated economic region. While the potential opportunities are exciting, challenges remain. Industry leaders share their thoughts and what they are doing to prepare for it. By Benjamin Ang

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#prayforMH370

The missing Malaysian Airlines plane MH370 is undoubtedly tragic. The industry is doing its part to help affected parties, but the impact of the losses on Malaysia's insurance industry will be low. By Benjamin Ang

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Going Full Circle - From protection to profit and back again

By Mr Paul P Subramaniam, Partner, Zaid Ibrahim & CO (a member of ZICOlaw)