Allianz Life Insurance Malaysia Bhd (Allianz Life) posted a 35-fold jump in new insurance businesses set up with estate planning concept in 2021, compared with new businesses achieved in 2020.
The takaful penetration rate in the country increased to 18.6% in 2021, up from 16.9% the year before, according to the Malaysian Takaful Association (MTA).
The Life Insurance Association of Malaysia (LIAM) has re-elected Loh Guat Lan and Raymond Lew as its president and vice president, respectively, for the 2022/2023 term.
Life Insurance Association of Malaysia (LIAM) members closed the year 2021 with a robust 12.4% growth in new business over 2020.
Manulife Malaysia yesterday launched two new products, Manulife Universal Saver and Manulife Easy 5, focused on flexibility and affordability respectively, against five leading critical illnesses in the country.
More than a third of Malaysians (38%) still lack personal insurance protection, according to "An Impact of Pandemic on Protection" survey commissioned by Zurich Malaysia (Zurich).
As climate change and ESG issues gain traction globally and locally, Sun Life Malaysia has launched its investment-linked ESG fund, the Sun Life Malaysia Global Sustainable Fund.
Gibraltar BSN Life has launched GoGuarantee Plus, a limited-edition endowment plan to help Malaysians safeguard their retirement.
Manulife Insurance has launched a new critical illness plan called Advance Beyond Critical Cover (ABCC) which provides holistic coverage from early stage of diagnosis to post treatment events. The ABCC is an extension of its Beyond Critical Cover series, that also covers illness or accidental events that require hospitalisation.
Manulife Malaysia has launched a new investment-linked fund, Manulife Global Equity Fund (the fund), which will widen its range of investment-linked funds available to customers in Malaysia looking for high-quality overseas stocks and a long-term investment horizon.
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