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Zurich Insurance Launches Zurich FlexiLife Premier

KUALA LUMPUR, July 25 (Bernama) -- Zurich Insurance Malaysia Bhd has launched Zurich FlexiLife Premier, an exclusive regular premium investment-linked insurance plan which provides high coverage, starting from RM500,000 basic sum assured, up to age 100.

AmMetLife Takaful Gets BNM Nod For Appointment Of Noor Azam As CEO

KUALA LUMPUR, July 24 (Bernama) -- AmMetLife Takaful Bhd has received regulatory approval from Bank Negara Malaysia (BNM) for the appointment of Noor Azam Mohd Yusof as Chief Executive Officer, effective July 1, 2017.

Syarikat Takaful Malaysia Posts Higher Q2 Pre-tax Profit

KUALA LUMPUR, July 20 (Bernama) -- Syarikat†Takaful Malaysia Bhd posted a marginally higher pre-tax profit of RM59 million in†the second quarter ended June 30, 2017 (2Q17) from RM58 million†in the same quarter a year ago.

Allianz Stops RM5.6 Mln Of Fake Insurance Claims

KUALA LUMPUR, July 18 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd has stopped bogus insurance claims worth RM5.6 million between 2014 and 2016.

Malaysian Insurance Market Expected To Grow 5.8 Pct Annually

KUALA LUMPUR, July 6 (Bernama) -- The Malaysian insurance market is expected to grow by 5.8 per cent annually over the next decade, in tandem with global growth which is anticipated to climb to almost six per cent over the next ten years.

QBE Malaysia Confident Of Achieving Double-digit Growth

SUBANG JAYA, July 5 (Bernama) -- QBE Insurance (M) Bhd expects to continue to grow at above industry average this year, similar to the cumulative annual growth rate (CAGR) of about 16 per cent it achieved over the past five years.

Good Drivers To Benefit From Motor Insurance Liberalisation 

No New Policy On Foreign Ownership In Insurance Companies - BNM

KUALA LUMPUR, July 4 (Bernama) -- There is no new policy on foreign ownership in insurance companies, said Bank Negara Malaysia.

Motor Insurance Liberalisation Benefits Consumers - Hamzah

KUALA LUMPUR, July 4 (Bernama) -- Vehicle owners should not be unduly worried with the liberalisation of motor tariff, implemented since last July 1, as the method benefits consumers more because the charge or premium payment is based on individual risk profile.

Motor Insurance Liberalisation To Drive Fairer Pricing

KUALA LUMPUR, July 3 (Bernama) -- The liberalisation of motor insurance in Malaysia which began on July 1 will drive fairer ways of pricing based on individual's risk profile, said AmGeneral Insurance Bhd.

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Affin Bank, Affin Islamic Appoint New Chairmen
CCMD Signs Islamic Financing, Multi-trade Facilities With AmBank Islamic Worth RM280 Million

Bank Islam Appoints Khairul CEO

AmMetLife Takaful Gets BNM Nod For Appointment Of Noor Azam As CEO
Syarikat Takaful Malaysia Posts Higher Q2 Pre-tax Profit

Allianz Stops RM5.6 Mln Of Fake Insurance Claims

US 4.2800/2840
S'pore 3.1431/1472
100 Yen 3.8399/8446
Sterling 5.5696/5761
Euro 4.9879/9934
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 [tally] 15%
 [tally] 79%
Not sure
 [tally] 7%

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