Malaysia

Malaysia's Life market projected to near US$18bn in 2028 amid increased consumer spending, regulatory reforms

September 11 2024

GlobalData expects the sector to grow at a CAGR of 5.2% over the next five years, driven by “heightened private expenditure and enhanced investment activities.”

Greg Hingston to succeed Khor Hock Seng as Great Eastern's Group CEO

August 28 2024

Hingston (left) moves from HSBC to succeed Khor Hock Seng (right), who is set to retire on 31 October 2024.

zurich-malaysia-and-gxbank-agree-10-year-bancassurance-partnership

Zurich Malaysia and GXBank launch embedded cyber insurance solution

August 28 2024

Insurer and digital bank strengthen bancassurance partnership, providing GXBank's customers with up to MYR20k (US$4.6k) coverage for unauthorised electronic transactions.

crawford-malaysia-names-murugan-kuppusamy-as-head-of-personal-accident-and-fraud-investigations

Crawford Malaysia expands Personal Accident and Fraud Investigations, names Murugan Kuppusamy as Head

August 22 2024

Kuppusamy brings 15 years of experience in accident, fraud, and motor claims to the global loss adjuster.

Surging medical inflation ramps up Malaysian insurers’ health claims

August 15 2024

The impact of rising medical procedure costs in Malaysia was worsened by a decline in the value of the ringgit last year.

FWD Group announces 11 charitable grants across Asia

August 14 2024

As part of the company’s 11th anniversary celebration, the company announced grants to provide support and financial education in local communities across Asia.