Malaysia

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.

Malaysian motor insurance to top US$3bn GWP by 2028: GlobalData

July 27 2024

7.5% compound annual growth over next five years to be driven by vehicle sales, regulatory changes, and inflation.

'Shadow fleet' vessel collides with Singapore-flagged tanker, Hafnia Nile

July 20 2024

Collision will again spark discussion about insurance implications of the growing shadow fleet.

Bank Negara Malaysia launches framework for digital insurers and takaful operators

July 10 2024

Central bank publishes DITO framework and will lift cap of five licenses to advance digitalisation within the insurance sector.

AIA names Malaysian school as regional winner of second Healthiest Schools Competition

July 6 2024

Malaysia's SK Putrajaya Presint 11(1) will receive US$100,000 to support health and wellbeing initiatives.

fitch-withdraws-ratings-of-malaysias-pacific-amp-orient

Fitch withdraws Pacific & Orient's rating with insurer opting out of rating process

July 3 2024

Insurer had seen combined ratio increase to 133% in FY2023.

Koo Kang Wuu joins Munich Re Syndicate, Labuan as Managing Director

July 2 2024

Koo joins from Swiss Re where he was Senior Client Underwriter.

malaysian-re-and-pacific-life-re-extend-mou-on-sustainable-retakaful-solutions

Malaysian Re and Pacific Life Re extend retakaful solutions MoU

June 14 2024

Businesses renew their 2019 MOU to continue to provide retakaful solutions to takaful operators.

nur-fatihah-mustafa-appointed-ceo-of-zurich-takaful-malaysia

Nur Fatihah Mustafa promoted to CEO of Zurich Takaful Malaysia in milestone appointment

June 4 2024

Mustafa promotion to head of Zurich's family takaful business makes her the first woman to lead a takaful operator in Malaysia.

zurich-malaysia-partners-with-aeon-bank-to-expand-digital-takaful-insurance-offering

Zurich Malaysia partners with AEON Bank on digital takaful insurance solutions

May 20 2024

Zurich Takaful and Zurich General Takaful to provide embedded Syariah-compliant solutions through AEON Bank's app.

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