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PIAM Hopes For Affordable Insurance Premiums N 3-5 Years

KUALA LUMPUR, April 26 (Bernama) -- The General Insurance Association of Malaysia (PIAM) hopes general insurance premiums can be reduced in three to five years, driven by liberalisation efforts put in place by Bank Negara Malaysia and the adoption of financial technology (fintech).

AAGI Launches Unique Personalised Video

KUALA LUMPUR, April 25 (Bernama) -- AXA Affin General insurance (AAGI) has launched a unique personalised video to welcome new health insurance customers and to issue a renewal invitation to existing customers.

Takaful IKHLAS Hopes To Record Better Contributions At MSAM 2017

KUALA LUMPUR, April 21 (Bernama) -- Takaful Ikhlas Bhd hopes to record better contributions at Minggu Saham Amanah Malaysia 2017 (MSAM 2017) compared to RM2 million in last year's event, said President/Chief Executive Officer, Datuk Ab Latiff Abu Bakar.

Takaful Ikhlas Continues Co-operation With Bank Rakyat In 'Buy A House Get A Car Campaign'

KUALA LUMPUR, April 16 (Bernama) --Takaful IKHLAS Berhad (Takaful IKHLAS) will continue its cooperation with Bank Rakyat to ensure the success of the 2017 'Buy A House, Get A Car Campaign' following its successful debut last year.

EIS To Be Tabled In Parliament In July

KUALA LUMPUR, April 13 (Bernama) -- The Employment Insurance System (EIS), which will affect some 6.5 million local workers in the private sector, will be tabled in parliament in July 2017.

Novosol Aims To Gain Traction With Insurance And Banking Industry In Malaysia

KUALA LUMPUR, April 5 (Bernama) -- Singapore-headquartered, Novosol Sdn Bhd, aims to gain traction with the insurance and banking industry in Malaysia with its general purpose video customer engagement platform -- moLotus.

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RAM Ratings Withdraws AmBank Islamic's Issue Rating
Ram Ratings Reaffirms Maybank Islamic's AAA/Stable/P1 Ratings

 
BNM Acquires Land From Govt For Rm2 Billion

MSIG Insurance Introduces Pet Insurance Plans
Jirnexu Expects Digital Insurance To Contribute 25-30 Pct To Its Growth

 
RAM Ratings Reaffirm Malaysian Reinsurance's AA2/stable/P1 IFS Ratings

OPENING, THURSDAY, JAN 18
US 3.9625/9655
S'pore 2.9888/9917
100 Yen 3.5596/5629
Sterling 5.4754/4811
Euro 4.8303/8351
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?
 

 
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