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Malaysia tag returned 243 results

  • Malaysia: AXA snaps up Munich Re portfolio

    Paris-headquartered AXA Liabilities Managers (AXA LM) has made its 20th acquisition with its recent procurement of Munich Re Malaysia's non-life legacy portfolio. The transaction was made through AXA LM's fund AXA DBIO II which invests in run-off portfolios and companies.

    Asia | 20 Sep 2019
  • Malaysia: Insurance and takaful sector remains resilient

    The insurance and takaful sector continued to demonstrate resilience in the first six months of this year even under simulated scenarios of severe multi-year macroeconomic and financial shocks, notes the central bank, Bank Negara Malaysia (BNM) in its Financial Stability Review for the first half of this year.

    Asia | 19 Sep 2019
  • Malaysia: Finance minister urges insurers to develop affordable insurance plans

    With Malaysia's insurance penetration rate falling far below its 2020 target and almost half of the population being uninsured, finance minister Lim Guan Eng urged insurers in the country to develop insurance products catering to the 'under-served' and 'under-protected' who mainly have low-incomes.

    Asia | 12 Sep 2019
  • New general manager to lead Munich Re Syndicate Labuan

    Munich Re Syndicate Labuan (MRSLab) has named Mr James Ng as general manager and principle officer based in Kuala Lumpur. He succeeds Mr Hassan Mohd Mustafa who will assume the role of director of portfolio management. Mr Hassan has been involved in the insurance industry for almost 40 years and has been at Munich Re for over six years.

    Asia | 12 Sep 2019
  • Malaysia: $650m worth of life and general insurance business up for grabs

    AXA SA and Affin Bank Bhd are reported to be considering options including a potential sale of their life and general insurance business in Malaysia, disclosed a Bloomberg report citing anonymous sources familiar with the matter.

    Asia | 09 Sep 2019
  • LIAM appoints Loh Guat Lan as president for the 2019/2020 term

    LIAM has appointed Ms Loh Guat Lan, CEO of Hong Leong Assurance as president of LIAM at its Management Committee meeting on 28 August 2019, replacing Ms Anusha Thavarajah, former CEO of AIA Bhd.

    Asia | 03 Sep 2019
  • Malaysia sees first telematics commercial vehicle insurance and financing

    AXA AFFIN General Insurance has introduced its AXA FlexiTruck policy as the 'first' telematics commercial vehicle insurance in Malaysia via its recent partnership with Hap Seng Trucks Distribution (HSTD) and Hap Seng Credit (HSC).

    Asia | 02 Sep 2019
  • What's new this week - 30 Aug 2019

    Here's another week of what's new.

    Agents | 30 Aug 2019
  • Malaysia sees 'first' WhatsApp e-policy delivery

    Gibraltar BSN Life introduced its first-in-market WhatsApp e-Policy delivery system and a chatbot called GINA (Gibraltar INtelligent Assistant) to provide round-the-clock customer service to policyholders on WhatsApp.

    Asia | 28 Aug 2019
  • Malaysia: Higher claims affect 1H underwriting gains of general insurers

    The general insurance sector in Malaysia posted total underwriting profits of MYR455m ($108m) for 1H2019, a decline of 11% over the MYR509m reported for the corresponding period last year, according to data presented yesterday by the General Insurance Association of Malaysia (PIAM).

    Asia | 28 Aug 2019

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