Malaysia

Family meal at a bright kitchen table: a woman in a hijab serves food to two children and a man as they eat together; plates and drinks on the table.

Malaysia’s takaful growth driven by general business as family segment slows in 2025

June 12 2026

Gross contributions rose 4.7% in 2025, with motor and fire lines driving double-digit growth in general takaful.

Saudi Re appoints Ruchi Jain to lead GIFT City branch in India

June 9 2026

Jain, a former Swiss Re executive, will head Saudi Re’s India operations as the reinsurer expands into its second Asian market.

Chubb Malaysia names Gurudutt Joglekar deputy country president

June 8 2026

He joins from Generali Malaysia, where he most recently served as country chief insurance officer.

southern-philippines-hit-with-7-4-magnitude-earthquake-triggers-tsunami-warnings

Magnitude 7.8 earthquake kills dozens in Philippines, triggers tsunami warnings

June 8 2026

The quake, the strongest to strike the Philippines this year, was centered at sea off Mindanao.

Coastal Marine names Eric Chan as cargo underwriter for APAC

June 5 2026

He joins from Sompo Hong Kong, where he was head of marine underwriting.

Lockton names Siva Thangavelu as COO of Malaysia

June 1 2026

He joins the broker from Swiss Re, where he spent three years.

am-best-places-labuan-re-ratings-under-review-on-mnrb-80-acquisition-plan

AM Best places Labuan Re under review as MNRB moves to buy 80% stake

June 1 2026

The deal, valued at US$100.69m, is set to close in Q4, with ratings under review pending completion and assessment of Labuan Re’s credit fundamentals.

allianz-malaysia-berhad-q1-revenue-up-6-7-on-stronger-motor-investment-linked-business

Allianz Malaysia's revenue up 6.7% in Q1

May 27 2026

The insurer posted a RM1.63bn (US$410.94m) quarterly revenue, driven by growth across both life and general insurance.

mnrb-holdings-sees-profits-rise-38-3-in-fy-2026-as-malaysian-re-improves-cor-to-74-2

MNRB sees profits rise 38.3% in FY2026, as Malaysian Re improves COR to 74.2%

May 22 2026

Profit after tax breached the RM500m mark for the first time, with Malaysian Re and Takaful IKHLAS both posting higher profits.

Photo of Petronas Tower and city in Malaysia.

PERWAKIM launches nationwide drive to strengthen Malaysia’s general insurance agency sector

May 21 2026

The campaign will focus on cooperative-based wealth creation, professional education, and access to professional indemnity insurance protection.

MSIG Malaysia pledges US$25k to support underprivileged students

May 20 2026

Support through the MyKasih programme will help fund cashless bursaries and student development activities for 89 students at SK Bukit Tadom in Banting during the 2026 academic year.

Aon Malaysia promotes Ming Hui Lim and Ram Lakhan Nandrajog to new leadership roles

May 20 2026

Lim steps up as head of commercial risk solutions while Nandrajog becomes chief broking officer and head of financial specialties.

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