News, Non-life, Regulatory

Malaysian central bank fines Zurich insurance units US$228K over sanctions breaches

BNM said that Zurich's Malaysian units failed to update their sanctions database, resulting in customer screening being conducted against an outdated database.

Vipal Durge

April 30, 2026

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3 min read

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

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Malaysian central bank fines Zurich insurance units US$228K over sanctions breaches