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INSURANCE AND TAKAFUL INDUSTRY LAUNCHES THE CODE OF PRACTICE PURSUANT TO PERSONAL DATA PROTECTION ACT

Kuala Lumpur, 24 February 2017 – The Life Insurance Association of Malaysia, Persatuan Insurans Am Malaysia and the Malaysian Takaful Association together with the Personal Data Protection Department of Malaysia (PDP Department) today launched the Code of Practice on Personal Data Protection for the insurance and takaful industry (the Code) in a signing [...]

GENERAL INSURANCE INDUSTRY GROWTH TAPERS TO 1.1% IN 2016

Kuala Lumpur, 23 Feb 2017 – Growth in the general insurance industry tapered to 1.1% in 2016, with gross written premium income reaching RM17.67 billion. This was half the 2.2% growth rate achieved in 2015. Motor insurance grew marginally by 0.8% maintaining its dominant share of the overall market at 46.2%. Motor premiums [...]

PIAM & MTA FLOOD ADVISORY

Kuala Lumpur, 6 Jan 2017 – Persatuan Insurans Am Malaysia (PIAM), the General Insurance Association of Malaysia and Malaysian Takaful Association (MTA)  wish to assure flood victims, who have a flood cover as part of their general insurance policy/takaful certificate that its members are ready to pay out claims against losses caused by [...]

ABOUT GENERAL INSURANCE AGENTS CONVENTION (GIAC) 2016

ABOUT GENERAL INSURANCE AGENTS CONVENTION (GIAC) 2016 PIAM’s inaugural General Insurance Agents Convention (GIAC) 2016 is an important event for the industry and brings together top performing agents representing all member companies of PIAM. Themed “Distribution in a Liberalised Environment”, the GIAC was held on 4 Aug 2016 at Connexion@Nexus, Bangsar South City. [...]


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