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Malaysia
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 retakaful solutions MoU
June 14 2024
Businesses renew their 2019 MOU to continue to provide retakaful solutions to takaful operators.
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 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.
Property and motor to fuel growth in Malaysian GI segment: GlobalData
May 14 2024
An increase in vehicle sales, accidents, and claims has led insurers to reassess risk exposure.
Malaysian Re partners with CPIC and Kunpeng on health insurance product development
April 19 2024
New MOU aims to develop new products for Malaysian market, with a particular emphasis on cancer treatment.
Malaysian life industry sees strong 2023 new business growth overshadowed by claims surge
April 18 2024
Malaysia sees 11.6% new business growth but 14.9% surge in claims payouts amid rising medical costs.
Rohit Nambiar steps down as CEO of Tune Protect
April 5 2024
Nambiar resigns from Malaysian-headquartered digital insurer, citing personal reasons.
Malaysia's GI GWP rises 7.8% in 2023, but underwriting profit drops 26%: PIAM
April 2 2024
Growth in Malaysia's GI premiums are overshadowed by motor and fire profitability challenges.
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