Prudential Financial Advisers Singapore (PFA), Prudential Singapore's dedicated financial advisory arm, has expanded to over 800 PFA representatives, which the company plans to increase to 1,500 by end of 2025 to support growing customer needs
s a result of increased uncertainty, awareness of the benefits of insurance has risen across society in Malaysia, but affordability and availability remain major issues, said Mr Ahmad Noor Azhari Abdul Manaf, president and CEO of Malaysian Reinsurance (Malaysian Re).
PIAM, the General Insurance Association of Malaysia, says that it enthusiastically supports the Malaysian Standard - Motor Vehicle Aftermarket Smash Repair Requirements.
The Galen Centre for Health and Social Policy, an independent public policy research and advocacy organisation based in Kuala Lumpur, says that a co-payment option in health insurance could expose households to financial catastrophe.
Bank Negara Malaysia (BNM) yesterday issued the "Policy Document on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITOs)".
Bank Negara Malaysia (BNM) has issued the Policy Document on Claims Settlement Practices (PD CSP) which sets out the minimum standards on the handling and assessment of general insurance and general takaful claims.
Cost of medical care in Malaysia is rising, Etiqa Family Takaful CEO Zafri Ab Halim said.
Bank Negara Malaysia will require insurers and takaful operators (ITO) to introduce cost-sharing features in their new medical and health insurance and takaful (MHIT) products starting in the third quarter of this year.
Malaysian Reinsurance (Malaysian Re) and Pacific Life Re, Singapore Branch (Pacific Life Re) recently signed an extension to the Memorandum of Understanding (MoU) on providing sustainable retakaful solutions to takaful operators.
Senangdali, a Philippine subsidiary of the Malaysian InsurTech firm Senang.io, is working with GoodTech, a FinTech company linking farmers and homebuyers, merchants and gig workers, with rural financial institutions, to offer loan protection to rural banks.