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MII Wants Additional Tax Relief To Boost Medical Insurance Adoption

KUALA LUMPUR, Sept 26 (Bernama) -- The Malaysian Insurance Institute (MII) wants additional tax relief in Budget 2018 to encourage more consumers to subscribe to medical insurance.

AAGI Launches AXA†preferred Workshops

KUALA LUMPUR, Sept 20 (Bernama) -- General insurance provider, AXA Affin General Insurance (AAGI) has launched the AXA Preferred Workshops motor insurance, offering superior customer experience when it comes to road assistance, accident-related services and claims via selected and specially trained workshops.

LIAM Organises Blood Donation Campaign At 52 Locations

KUALA LUMPUR, Sept 18 (Bernama) -- To promote public awareness on the importance of blood donation, the Life Insurance Association of Malaysia (LIAM) has once again come forward to organise a blood donation campaign starting today, until Sept 29.

RHB Insurance First Insurance Firm To Offer Wellness Incentive Programme

KUALA LUMPUR, Sept 18 (Bernama) -- RHB Insurance Bhd, in collaboration with healthcare online application platform, BookDoc, has become the country's first general insurance company to offer the wellness incentive programme to its customers via 'RHB Insurance Live Activ Programme'.

RHB Insurance Holders To Access Healthcare Professionals Through 'BookDoc'

KUALA LUMPUR, Sept 18 (Bernama) -- For RHB Insurance Berhad medical policy holders, a mobile healthcare application has been launched to enable customers to search for panel clinics and book medical appointments, making easy and accessible healthcare.

RHB Insurance Expects Premiums To Surpass RM100 Mln This Year

KUALA LUMPUR, Sept 18 (Bernama) -- RHB Insurance Bhd's health insurance gross written premiums are expected to surpass RM100 million this year, up from RM53 million in the first half of this year.

Takaful IKHLAS Chieftain Bags Best CEO 2017 Award

KUALA LUMPUR, Sept 15 (Bernama) -- Takaful Ikhlas Berhad President and Chief Executive Officer, Datuk Ab Latiff Abu Bakar, has been named Best Chief Executive Officer (CEO) 2017 for the takaful Industry at the Global Islamic Finance Awards (GIFA) 2017 Awards Ceremony.

Raise Tax Relief To Boost Insurance Penetration Rate : AIA Group CEO

By Niam Seet Wei

KUALA LUMPUR, Sept 6 (Bernama) -- While Malaysia's life and takaful industry's penetration rate remained stagnant at 55 per cent for the past three years, scepticism in reaching the targeted 75 per cent by 2020 has arisen among industry players.

Pixelated Inks MoUs With Four Companies To Boost Adoption Of UBI

KUALA LUMPUR, Sept 5 (Bernama) -- Pixelated Sdn Bhd has signed memorandums of understanding (MoUs) with Allianz Malaysia Bhd, Etiqa Insurance Bhd, Etiqa Takaful Bhd and Axiata Business Services Sdn Bhd to embark on a collaboration to help boost adoption of usage-based insurance (UBI) in Malaysia.

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GST ends on AIBIM Bank services & products
RHB Islamic Bank CEO is new AIBIM President

Islamic Financial Institutions should adopt IIFM standards

Zero GST for life, general insurance and Takaful products
Takaful Malaysia converts composite licence to single licences

Taiwan's Shinkong Insurance company gets excellent ratings

US 3.9960/9990
S'pore 2.9580/9611
100 Yen 3.6147/6177
Sterling 5.2935/2979
Euro 4.6342/6384
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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