5d ago
By Karina Imran
KUALA LUMPUR, Oct 3 (Bernama) -- Financial service providers stand ready to extend appropriate relief and support to the families of the victims affected by the recent floods along the Nepal-China border, in line with applicable laws and regulatory requirements, said Bank Negara Malaysia (BNM).
17d ago
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.
27d ago
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).
27d ago
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.
1m ago
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.
1m ago
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.
2m ago
KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.
2m ago
KUALA LUMPUR, July 29 (Bernama) – Bank Negara Malaysia (BNM) plans to set up a governance framework to ensure that MediAsas, Malaysia’s base medical and health insurance and takaful (MHIT) product, remains affordable and sustainable over the long term amid rising healthcare costs.
3m ago
By Nurfadlina Izzati Moktar
KUALA TERENGGANU, June 27 (Bernama) -- Next of kin can now easily determine whether their deceased loved ones had family takaful or life insurance coverage through Semak Kasih, a one-stop online portal developed by the Malaysian Takaful Association (MTA) and Life Insurance Association of Malaysia (LIAM), to reconnect families with protection benefits that may otherwise remain unclaimed.
3m ago
KUALA TERENGGANU, June 26 (Bernama) -- Bank Negara Malaysia (BNM) today launched the ‘Semak Kasih’ portal to make it easier for beneficiaries to check unclaimed insurance policies or takaful certificates of their family members.
3m ago
KUALA LUMPUR, June 19 (Bernama) -- Five medical and insurance/takaful associations said initiatives are being implemented to enhance communication and operational efficiency among doctors, hospitals, insurers and takaful operators.
3m ago
KUALA LUMPUR, June 18 (Bernama) -- National reinsurer Malaysian Reinsurance Bhd (Malaysian Re) and China Reinsurance Life Insurance Company Ltd (China Re Life) have signed a landmark reinsurance treaty to support the first dedicated reinsurance framework for cancer precision medicine (CPM) treatment coverage in Malaysia.