Labuan Financial Services Authority (Labuan FSA) has announced the appointment of Datuk Ahmad Hizzad bin Baharuddin as Chairman for a two-year term effective 15 November 2025 to 14 November 2027.
Allianz Life Insurance Malaysia (Allianz Life) has empowered more than 3,000 Allianz Life Changers through its 2025 Action Group Seminar and Recognition (AGSR) series.
At a three-day carnival, held in Penang, that brings financial education directly to the community through interactive exhibitions, service counters, educational talks, workshops and family friendly activities.
Non-life insurer, Chubb Insurance Malaysia, has filed for an initial public offering (IPO) on Bursa Malaysia to sell 300m existing shares, or 30% of its issued capital.
Backed by the Ministry of Health (MoH) and Bank Negara Malaysia (BNM), the health insurance Grievance Mechanism Committee (GMC) has been reactivated in the country.
The general insurance and takaful sector's operating profits were broadly sustained at MYR1.9bn in the first half of 2025, according to Bank Negara Malaysia's (BNM) report, titled "Financial Stability Review: First Half 2025".
Malaysia will soon reactivate the Health Grievance Mechanism Committee to address disputes involving medical claims and streamline operational practices within the insurance industry.
AIA Bhd has appointed Mr Heng Zee Wang as CEO. In his new role, Mr Heng will lead AIA's life insurance and other business entities in Malaysia by strengthening its position as a market leader and driving the company's continued expansion and transformation.
Bank Negara Malaysia plans to release. a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year,
Global economic and policy uncertainties and the consequent volatile financial market conditions are expected to continue to pose a key downside risk to the performance of insurers and takaful operators (ITOs) in Malaysia, given their sizeable investment holdings in bonds and equities, according to Bank Negara Malaysia's (BNM) report, titled "Financial Stability Review: First Half 2025".