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Malaysia tag returned 393 results

  • Malaysia: Labuan IBFC Inc signs MoU with Qatar Financial Centre Authority

    The Qatar Financial Centre Authority (QFC Authority) has signed a Memorandum of Understanding (MoU) with Labuan IBFC Inc, to develop long term cooperation and boost economic and financial sector ties between the two financial centres.

    Asia | 16 Apr 2021
  • AIA PUBLIC Takaful appoints first woman as board chairperson

    AIA PUBLIC Takaful has announced the appointment of Mahani binti Amat as its board chairperson with effect from 6 April 2021. She succeeds Dato' Thomas Mun Lung Lee, who retires after successfully completing his tenure of directorship with the company.

    People | 13 Apr 2021
  • Malaysia: Labuan international financial centre licenses 8 captive insurers in 2020

    Labuan International Business and Financial Centre (Labuan IBFC) charted strong captive growth in 2020, with its total number of captives increasing by 15.4% over 2019, according to trade publication, Captive Review, which recently released its World Domicile Update 2020.

    Asia | 08 Apr 2021
  • LIAM elects new office bearers for 2021

    The Life Insurance Association of Malaysia (LIAM) has re-elected Loh Guat Lan, CEO of Hong Leong Assurance as LIAM president at its 47th Annual General Meeting held on 31 March 2021. She is supported by Raymond Lew, CEO & president of Sun Life Malaysia Assurance who has been appointed as the new vice president for the term 2021/2022.

    People | 06 Apr 2021
  • Insurer simplifies financial planning for Malaysians

    Zurich Malaysia (Zurich) and Singapore-based fintech BetterTradeOff, today launched 'Up ' MyZurichLife', a financial planning solution exclusively for MyZurichLife's users to help them plan for their future.

    Agents | 06 Apr 2021
  • Malaysia: New business premiums fall by 3.2% in life sector in 2020

    The life insurance industry recorded a dip of 3.2% in new business total premiums from MYR11.8bn in 2019 to MYR11.4bn in 2020, according to a statement issued by Life Insurance Association of Malaysia (LIAM).

    Asia | 02 Apr 2021
  • Malaysia: Insurance industry has a strong future post-COVID

    Malaysian Re released the second issue of its Malaysian Insurance Highlights 2020 in late February, covering the development of the insurance industry throughout the year - examining the impact of the COVID-19 pandemic on Malaysia's economy and its insurance markets. We spoke to president and CEO Zainudin Ishak about the results and its implications on the industry's future.

    AIRPlus | 01 Apr 2021
  • Malaysia: Greater demand for health and medical insurance

    The health and medical insurance segment in Malaysia is experiencing growth driven by greater demand, although Malaysia's non-life insurance industry is likely to have contracted in 2020 amid the COVID-19-fuelled economic disruptions, says AM Best.

    Asia | 31 Mar 2021
  • Malaysia: Lockdown leads to improved combined ratio for motor

    The combined ratio for motor business in Malaysia improved by 6% y-o-y to 98.3% in 2020 as lockdown measures imposed for much of the year led to a reduction in economic activity and overall vehicle usage.

    AIRPlus | 25 Mar 2021
  • ASEAN: Indonesia's Qoala acquires Thai InsurTech FairDee

    Indonesia-based omnichannel InsurTech Qoala has made a strategic acquisition of FairDee, a Thai InsurTech, with the new partnership further expanding Qoala's reach in Southeast Asia.

    Asia | 25 Mar 2021

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