Helpful Tips on insurance

Motor insurance policy 101

I REFER to the letter “Baffled by insurance coverage rule” by More Than Frustrated ( The Star, Aug 20). Having worked in the insurance industry for more than 40 years, I would like to respond to some of the writer’s comments. While he has experienced a lot of frustration, which…

Helpful Tips on insurance

Spend Money On Insurance Instead Of Luxury Cars And Goods

More often than not, young adults dream of acquiring a luxury car, branded clothes and accessories, as well as a comfortable home as soon as they start working. Then they go in pursuit of promotions or higher-paying jobs so that they can afford their desired lifestyle. Material possessions aside, young…

LIAM

Life Insurance Industry Remains Steady In First Half Of 2015

KUALA LUMPUR, Aug 17 (Bernama) — The life insurance industry remained steady in the first half of 2015 amidst the challenging business environment, the Life Insurance Association of Malaysia (LIAM) said. It said new business weighted premiums declined 0.7 per cent to RM2.024 billion compared with RM2.040 billion in the…

PIAM

Consolidation of insurance players in M’sia taking place, says PIAM

KUALA LUMPUR (Aug 13): The General Insurance Association of Malaysia (PIAM) said consolidation among insurance players is already taking shape within the country. Despite the challenging business environment coupled with the weakening ringgit, the general insurance industry in Malaysia is still an attractive industry to foreign investors, PIAM chairman Chua…

allianz logo

Women Need To Have The Right Insurance Plan

Women should get themselves protected with the right insurance plan although they are young and healthy, said Chief Executive Officer of Allianz Life Insurance Malaysia Bhd Rangam Bir. He said being young and healthy did not exempt women from illnesses and accidents as diseases did not recognise age and could…

malaysia landmark

Cautious outlook seen for insurance sector

Analysts expect single digit expansion in the premium income of the life and non-life insurance sectors in Malaysia over the next few years. Therefore, CIMB Research analysts urged investors to focus on insurance companies that have exposure to overseas markets and the takaful business, given the cautious outlook for growth…

uforlife

U for Life eyes potential in life insurance

U for Life Sdn Bhd, which introduced online life insurance premiums for as low as RM9.85 a month, sees potential in what it thinks is an under insured market in Malaysia, with a goal of developing more insurance products in the future. U for Life is 60%-owned by the world’s…

Helpful Tips on insurance

What is Agreed Value

You may be asking what is agreed value and the difference against market value when insuring your motor vehicle.  Insurance company in the past provide insured coverage based on Market Value of your vehicle at time of insuring, but as time passes, your market value decreases, so what is the…

Manulife

Manulife launches Shariah-compliant flexi fund to deliver benefits of multi-market exposure

Kuala Lumpur – Manulife Asset Management Services Berhad today announced the launch of the Manulife Investment-ML Shariah Flexi Fund (the Fund), which is the sixth fund in the company’s award-winning Flexi Series of unit trusts. The Islamic mixed-asset growth fund seeks to provide long-term* capital appreciation to investors by investing…

takafl_malaysia

Takaful Malaysia Sees 15 Per Cent Overall Growth By Year-End

Syarikat Takaful Malaysia Bhd expects its overall company growth to hit 15 per cent this year versus 12 per cent recorded last year. Group Managing Director Datuk Seri Mohamed Hassan Kamil said the target is achievable, driven by positive market response to its product offerings. “Recently we launched two new…