SINGAPORE: Allianz Malaysia Bhd has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co, people with knowledge of the matter said. AmGeneral Insurance&hellip
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Zurich Insurance & Takaful new branch in HP Towers
Zurich Malaysia (Zurich) has officially announced the relocation of its Kuala Lumpur (KL) branches from Jalan Dewan Bahasa and Jalan Ipoh to HP Towers in Bukit Damansara. Located in a strategic business hub within KL,&hellip
Malaysia takaful growth beats conventional insurance according to Fitch Ratings
Fitch Ratings expects Malaysia’s takaful segment to benefit from the government’s push for affordable insurance and higher insurance penetration, particularly as Muslims dominate the country’s population. Greater adoption of technology – particularly in distribution –&hellip
Prudential Insurance agents protest payment cuts
Some 4,000 Prudential agents nationwide turned up at the Prudential Tower in Jalan Sultan Ismail to protest the 30% slash in bonus and commission. The protest was organised by Prudential Life Insurance Agency Association Malaysia&hellip
Crucial For Doctors To Have Indemnity Insurance
Medical practitioners are highly respected professionals who work tirelessly to save lives and provide treatment to the sick. However, doctors are humans too and can make mistakes. Any error of judgment or negligence on their&hellip
AmGeneral eyes 2-3 pct growth in premium in FY19
AmGeneral Insurance Bhd is eyeing an increase of between two per cent and three per cent in gross written premium (GWP) in the current fiscal year after recording RM1.5 billion worth of GWP for the&hellip
RHB Insurance launches mobile enabled app
RHB Insurance Bhd has launched “RHB Insurance Mobile App”, a simple, fast and seamless way to purchase motor insurance policy and road tax with just a single end-to-end mobile enabled application. RHB Insurance Mobile App,&hellip
Fomema offers online insurance
Employers can now save time and money purchasing insurance for foreign workers via a new online integrated system. The Foreign Workers Medical Examination Monitoring Agency (Fomema) has partnered with insurance providers to provide the service&hellip
EPF plans one or two deals with foreign insurers in Malaysia
Malaysia’s state-run pension fund will soon decide which one or two foreign insurers it will do a deal with, Employees Provident Fund CEO Datuk Shahril Ridza Ridzuan says in Bloomberg Television interview. “Major foreign insurers&hellip
Allianz still keen to acquire takaful business
Allianz Malaysia Bhd, despite failed merger with HSBC Amanah Takaful a year ago, is still keen to acquire a takaful business, said Allianz Malaysia chief executive officer Zakri Khir. “We’re still interested in the takaful&hellip
