There are 28 news based on search keyword " takaful"

PIDM Sharpens Crisis-readiness Drive To Protect Depositors Under 2026-2028 Plan

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) is sharpening its crisis-readiness agenda under the PIDM Corporate Plan 2026-2028, with a stronger focus on resolution resilience, digital safeguards and continued protection for depositors and policy owners when a member institution runs into difficulty.

Captive Insurance Sees Rising Recognition As Strategic Risk-financing Solution

KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).

Higher Healthcare Utilisation Adds To Medical Claims Inflation -- LIAM

By K. Naveen Prabu

KUALA LUMPUR, Sept 11 (Bernama) -- Rising healthcare utilisation is emerging as a key contributor to Malaysia’s medical claims inflation, highlighting the need for greater efficiency, transparency and collaboration across the healthcare ecosystem to keep medical protection affordable and sustainable, according to the Life Insurance Association of Malaysia (LIAM).

Maybank Completes Acquisition Of Remaining Interest In Maybank Ageas

KUALA LUMPUR, Sept 11 (Bernama) -- Malayan Banking Bhd (Maybank) has completed the proposed acquisition of the remaining 30.95 per cent interest in Maybank Ageas Holdings Bhd after signing a share purchase agreement with Ageas Insurance International NV (Ageas) on Sept 8, 2026.

Maybank, Ageas Insurance Ink SPA For RM4.83 Bln MAHB Acquisition

KUALA LUMPUR, Sept 8 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an unconditional share purchase agreement (SPA) with Belgium-based Ageas Insurance International NV to acquire the remaining 30.95 per cent equity interest in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion.

Makeover Guys, RHB Bank Introduce Makeover Flexi Loan For Home Purchase, Renovation

KUALA LUMPUR, Aug 27 (Bernama) -- Modern home renovator The Makeover Guys has partnered with RHB Bank Bhd to introduce the Makeover Flexi Loan, an integrated financing solution that enables eligible customers to finance both their home purchase and renovation under a single facility.

Double-digit Medical Claims Growth Set To Continue Near Term

KUALA LUMPUR, Aug 27 (Bernama) -- Double-digit medical claims growth is expected to persist in the near term following a 12.28 per cent rise in claims inflation in 2025, driven mainly by more insured individuals seeking treatment at private hospitals.

Bank Muamalat Opens New Branch In Kuala Selangor

SHAH ALAM,  Aug 24 (Bernama) --  Bank Muamalat Malaysia Berhad (Bank Muamalat) continues to expand access to Islamic banking services with the official opening of its Kuala Selangor branch today.

MNRB Net Profit Rises To RM183.75 Mln In 1Q FY2027

KUALA LUMPUR, Aug 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM168.43 million in 1Q 2026 due to better contributions from the reinsurance, family takaful and retakaful businesses.

Takaful Malaysia 2Q Net Profit Rises To RM88.83 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) posted a higher net profit of RM88.83 million in the second quarter of 2026 (Q2 2026), up from RM83.82 million a year earlier, while revenue rose to RM1.16 billion from RM1.01 billion.

Sunway Healthcare 2Q Net Profit Jumps To RM78.15 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Sunway Healthcare Holdings Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) leapt to RM78.15 million from RM41.38 million a year earlier.

Co-opbank Pertama Issues Inaugural RM500 Mln Structured Covered Sukuk

KUALA LUMPUR, Aug 20 (Bernama) -- Co-opbank Pertama Bhd (CBP) has completed the inaugural issuance of RM500 million in Structured Covered Sukuk Wakalah through its special purpose vehicle, Himayah Sukuk Bhd.