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Malaysia tag returned 411 results

  • Malaysia: Alarm sounded on spike in motor fraud cases and scams

    The Vehicle Theft Reduction Council of Malaysia (VTREC) is warning the public about the rise in vehicle fraud cases and scams, including bogus vehicle offers for sale and forged insurance claims.

    Asia | 05 Aug 2021
  • Malaysia: Health insurance to drive non-life market

    The health line of business is expected to remain an important driver of the Malaysian non-life industry's growth, says AM Best as it assigns a "stable" market segment outlook to the sector.

    Asia | 04 Aug 2021
  • Manulife launches critical illness plan for Malaysians

    Manulife Insurance has launched a new critical illness plan called Advance Beyond Critical Cover (ABCC) which provides holistic coverage from early stage of diagnosis to post treatment events. The ABCC is an extension of its Beyond Critical Cover series, that also covers illness or accidental events that require hospitalisation.

    Agents | 21 Jul 2021
  • Malaysia: Merger of Liberty & AmGeneral will create biggest motor insurer

    Liberty Mutual Insurance will be applying for regulatory approval to acquire Malaysian insurer AmGeneral Insurance Berhad (AmGeneral).

    Asia | 20 Jul 2021
  • Malaysia: Labuan IBFC backs role of financial hubs in shaping inclusive financial system to support SDGs

    International financial centres (IFCs) can build bridges for collaborative action, provide crucibles for innovation, and show leadership on regulation, standards, and benchmarking in the global financial sector, according to a research paper released by Labuan International Business and Financial Centre (Labuan IBFC).

    Asia | 16 Jul 2021
  • Malaysia: Zurich promotes new country head

    Zurich Malaysia has announced the appointment of Junior Cho as the new country head for Malaysia, effective immediately. Succeeding Stephen Clark who recently retired, Mr Cho will report to Zurich's Asia Pacific CEO Tulsi Naidu.

    People | 14 Jul 2021
  • Malaysia: Call on insurers to rally to fight auto fraud and corruption

    Insurers must band together to stop motor claim fraud which costs the insurance industry MYR1bn a year, according to Allianz Malaysia's CEO, Mr Zakri Khir.

    Asia | 07 Jul 2021
  • Energy transition in power sector creating new risks

    Power companies are facing challenges arising from energy transition and the move to cleaner fossil fuels, according to Willis Towers Watson's (WTW) 2021 Power Market Review. These include how power companies need substantially to reduce their greenhouse gas (GHG) emissions (referred to as climate change mitigation) as well as ensuring the resilience of their assets and operations to the impacts of climate change (referred to as climate change adaptation).

    AIRPlus | 30 Jun 2021
  • Malaysia: Number of customers' motor insurance complaints drops the past 5 years

    Statistics released by Bank Negara Malaysia (BNM) and the Ombudsman for Financial Services (OFS) show that despite the increasing number of motor policies/certificates issued in Malaysia, the number of complaints and disputes regarding motor policies/certificates has decreased over the past five years.

    Asia | 28 Jun 2021
  • Malaysia: Generali buys AXA's insurance operations

    Italy's top insurer Generali has signed an agreement for the purchase of the majority of the shares held by AXA and Affin in insurance and takaful joint ventures.

    Asia | 23 Jun 2021


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