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

Sep 2023

Market Profile


Reinsurance sector continues to perform

With hardening rates and lack of capacity, reinsurers have been able to command better prices despite their increased exposure.

Bank Negara's digital initiatives could be a gamechanger

Bank Negara Malaysia’s proposed framework for licensing and regulation of digital insurers and takaful operators is likely to bring in substantial changes to the insurance sector in Malaysia.

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Insurers are important to healthcare reforms

The Malaysian healthcare system is at crossroads. A concerned government is putting to use all available resources including the health insurance industry to provide a dependable and sustainable healthcare system.

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Malaysian non-life market recovers post-pandemic

The non-life market in Malaysia seems to be recovering slowly after the pandemic, with an increase of 2.4% in gross direct premiums.

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Digitalisation and addressing protection gap drive Malaysian life

Despite the challenges faced over the past few years, the Malaysian life insurance market managed to adapt and remain resilient.

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More collaboration needed between takaful and InsurTech

Requirements to comply with shariah principles present opportunities for tech firms to provide solutions to navigate complex compliance frameworks.

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