The ASEAN insurance industry has established the ASEAN Takaful Alliance (ATA) to foster regional collaboration, knowledge sharing, and capacity building among takaful operators.
A Malaysian member of parliament has suggested establishing an independent private healthcare commission to tackle long-standing medical insurance problems in the country
The Malaysian government has proposed various incentives to encourage Malaysians to buy insurance policies.
Hannover Re has appointed Ms Kantaporn Thejatunga as general manager of life and health (L&H) of its Malaysian Branch in Kuala Lumpur, according to a post on LinkedIn.
Malaysia's central bank Bank Negara Malaysia (BNM) has announced that the design of the base medical and health insurance or takaful product, introduced as part of Budget 2026, is expected to be finalised by the end of 2025 with a planned launch in 2027 according to a news report on the web-portal https://www.thevibes.com/.
Prudential Assurance Malaysia has appointed Mr Kelvin Ang as CEO of its life business. In his new role, he will spearhead the company's strategic realignment and growth initiatives, working closely with the senior management team to accelerate the company's transformation.
The earthquakes felt in both Sabah and Peninsular Malaysia in recent weeks serve as a reminder that the country is not free from seismic activity and other natural disasters, the General Insurance Association of Malaysia (PIAM) said in a statement.
Starting 1 September 2025, recipients of Sumbangan Tunai Rahmah (STR) can also claim a MYR30 voucher, subsidised by the Malaysian government, to help finance part of the cost of affordable insurance and takaful products with an annual premium or contribution of at least MYR50 under the Perlindungan Tenang Voucher 3.0 (PTV3.0) programme.
Etiqa General Takaful Bhd (EGTB) has appointed Mr Khairoel Faiezy Hasnan as CEO, according to news platform The Star.