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Hong Kong’s health insurance sector needs further development - AM Best

KUALA LUMPUR, May 21 (Bernama) -- High out-of-pocket payments by patients at private hospitals and overwhelming demand for public health care underscore the need for further development of Hong Kong’s health insurance sector, according to AM Best.


Insurance Associations to raise awareness of Perlindungan Tenang

KOTA KINABALU, May 18 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) is collaborating with Bank Negara Malaysia (BNM), the Malaysian Takaful Association (MTA) and the General Insurance Association of Malaysia (PIAM) to raise public awareness of Perlindungan Tenang.


Public Mutual launches PB Global Technology and Healthcare Fund

KUALA LUMPUR, May 9 (Bernama) -- Public Bank Bhd’s wholly-owned subsidiary, Public Mutual is launching PB Global Technology and Healthcare Fund (PBGTHF) today.


MYDIN, Zurich Takaful collaborate to offer takaful plan for customers

KUALA LUMPUR, May 7 (Bernama) -- Mydin Mohamed Holdings Berhad (MYDIN), the Malaysian halal hypermarket chain, and Zurich Takaful Malaysia Berhad (Zurich Takaful) have signed a 10-year agreement to offer a simple and hassle-free takaful plan at selected MYDIN retail outlets nationwide.


Takaful industry aims to close protection gap between B40 and other groups

By Aishah Mohmad Afandi

KUALA LUMPUR, May 5 (Bernama) -- The takaful industry is pushing for more affordable products targeting the B40 (low income) group such as Perlindungan Tenang, which is in line with the Bank Negara Malaysia's (BNM) aspiration to close up the protection gap. 


LIAM to introduce e-ID for agents in July

By Arthur Edward

KOTA KINABALU, May 2 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) will introduce an electronic identification card (e-ID) for its agents in July as part of its effort to transform the industry in line with the fourth industrial revolution (Industry 4.0).


UMSC Engage In Talk With Private Insurance Agencies

By Nurul Hannah Mohd Yusof and Sivanandini Narayanen

KUALA LUMPUR, May 2 (Bernama) -- Universiti Malaya Specialist Centre (UMSC) engaged in talks with senior representatives from various insurance and managed care organisations (MCO) on ‘Advances in Medicine & Controversies in Billing’ at VE Hotel & Residence, Bangsar South recently.


Allianz Malaysia, Tesco Malaysia partner to offer online insurance products

KUALA LUMPUR, May 2 (Bernama) -- Allianz Malaysia Bhd and Tesco Stores (M) Sdn Bhd have announced a strategic partnership to offer insurance products online.


Allied World backing Malaysia's aim to become international Islamic insurance hub

KUALA LUMPUR, May 2 (Bernama) -- Switzerland-based insurance and reinsurance solutions provider, Allied World Assurance Company Holdings, GmbH has established a retakaful window of Allied World Assurance Company Ltd in Labuan, Malaysia.


Etiqa posts double-digit revenue growth in FY18 but profit falls

KUALA LUMPUR, April 25 (Bernama) -- Etiqa Group Insurance and Takaful achieved a double-digit gross premium growth of 17 per cent to RM7.2 billion for the financial year (FY) ended Dec 31, 2018, although its profit before tax (PBT) was lower at RM825 million.


Bank Muamalat fetes underprivileged and physically challenged children
Ez-Zakat Muamalat facilitates zakat obligation

 
Use Bank Islam SnapNPay for fast wakaf contribution

Hong Kong’s health insurance sector needs further development - AM Best
Insurance Associations to raise awareness of Perlindungan Tenang

 
Public Mutual launches PB Global Technology and Healthcare Fund

OPENING, THURSDAY, MAY 23
US4.1900/1930
S'pore3.0358/0384
100 Yen3.8032/8070
Sterling5.3004/3058
Euro4.6723/6765
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Yes
No
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