Prudential Assurance Malaysia has appointed Mr Kelvin Ang as CEO of its life business. In his new role, he will spearhead the company's strategic realignment and growth initiatives, working closely with the senior management team to accelerate the company's transformation.
The earthquakes felt in both Sabah and Peninsular Malaysia in recent weeks serve as a reminder that the country is not free from seismic activity and other natural disasters, the General Insurance Association of Malaysia (PIAM) said in a statement.
Starting 1 September 2025, recipients of Sumbangan Tunai Rahmah (STR) can also claim a MYR30 voucher, subsidised by the Malaysian government, to help finance part of the cost of affordable insurance and takaful products with an annual premium or contribution of at least MYR50 under the Perlindungan Tenang Voucher 3.0 (PTV3.0) programme.
Etiqa General Takaful Bhd (EGTB) has appointed Mr Khairoel Faiezy Hasnan as CEO, according to news platform The Star.
Within its health and benefits (H&B) business in Southeast Asia, WTW has appointed Mr Fong Han Wei as head of H&B, Singapore Mr Lim Choo Ho as head of H&B, Malaysia.
Life and health (L&H) insurers and takaful operators in Malaysia have been grappling with mounting challenges driven by steep medical inflation, regulatory shifts, and broader economic changes, according to Zurich Takaful Malaysia CEO Nur Fatihah Mustafa and Zurich Life Insurance Malaysia CEO Pauline Teoh.
Speed and efficiency are critical when processing claims because the claim period represents a stressful time for policyholders and certificate holders who have suffered a loss, according to Zurich Takaful Malaysia CEO Nur Fatihah Mustafa and Zurich Life Insurance Malaysia CEO Pauline Teoh.
Great Eastern Life is celebrating its 117th anniversary in Singapore and Malaysia with the unveiling of its strategic growth priorities and a refreshed corporate logo.
FWD Insurance and IBPO Group has announced a partnership to offer life protection with selected loan financing facilities.