Howden Private Wealth has appointed Mr Bryan Pee as CEO of Singapore and Malaysia and Ms Shirley Sy as deputy CEO of Hong Kong.
RHB Investment Bank (RHB IB) believes that Malaysia's upcoming revision of private general practitioner (GP) consultation fees will not financially affect hospitals, as their pricing is governed by separate regulations.
Malaysia's financial regulator Bank Negara Malaysia (BNM) in collaboration with the ministry of health and the Employees Provident Fund will develop a basic health insurance and also takaful products that will provide value-based healthcare.
Bank Negara Malaysia (BNM) has received encouraging interest from various parties in submitting applications for Digital Insurers and Takaful Operators (DITO) licence(s), just three months into the start of the two-year application window that began on 2 January 2025. Planned consultation sessions with interested applicants are currently underway.
The National Association of Malaysian Life Insurance and Family Takaful Advisors (Namlifa) has called on the government to tackle the widening price gap between insured patients and those paying out of pocket at private hospitals, warning that the growing disparity threatens the long-term viability of medical insurance, reported The Star.
The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) have interacted with the country's parliamentary Public Accounts Committee (PAC) in a bid to address the escalating costs of healthcare and health insurance premiums.
Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, reported Bernama News Agency quoting a Moody's Ratings (Moody's) report.
Women in Singapore have made significant strides towards financial empowerment even as barriers remain, according to a new survey by Sun Life Asia.
Labuan Re has appointed Cik Melissa Karim as acting head of underwriting and Encik Zaid Aziz as CEO and principal officer.
In its financial results for FY2024, Great Eastern reported an 8% increase in total weighted new sales (TWNS) to hit S$1.8bn ($1.34bn), up from $1.7bn in FY2023 due to continued growth momentum in operations in Singapore and Malaysia. The majority of the company's distribution was driven by its agency channels in these markets.