Latest Insurance News in Malaysia

Kuala Lumpur, 6 November 2015 – In preparation for the monsoon season which commences  in November and only ends in March, the General Insurance Association of Malaysia (PIAM) has urged the public to be prepared to protect their assets from possible flood damage and other natural disasters, like landslides. While flooding is a common [...]

Kuala Lumpur, 17 October 2015 – The General Insurance Association of Malaysia (PIAM) commemorated General Insurance Day 2015 with a Road Safety Campaign focusing on the theme “Pledge for Road Safety”. The campaign was launched by the Chairman of PIAM, Mr. Chua Seck Guan at the Nu Sentral Shopping Centre, Brickfields and was [...]

You're the key to road safety: Make a Pledge and Together We Make a Difference General Insurance Day (GID) 2015 – Pledge for Road Safety 17 October 2015, Saturday 10.00 am – 10.00 pm Nu Sentral Kuala Lumpur General Insurance Association of Malaysia (PIAM) with the support of the Malaysian Institute of Road [...]

GIIFT - PUBLICITY BOARD - Jan-Mar 16

WE refer to the letters "Baffled by insurance coverage rule" (The Star, Aug 20), "It pays to understand insurance"(The Star, Aug 25), "Make changes to benefit the consumers" (The Star, Aug 27) and "Motor insurance policy 101" (The Star, Aug 28). Persatuan Insurans Am Malaysia (PIAM) welcomes the comments of the writers and would like to clarify some of the issues highlighted. As rightly pointed, [...]

Kuala Lumpur, 13 August 2015 – The General Insurance Association of Malaysia (PIAM) reported that the general insurance industry grew by 2.3% to RM 9.07 billion in gross written premiums from January to June 2015 compared with the same period last year. PIAM highlighted that this half yearly growth rate was at a [...]

Kuala Lumpur, 13 July 2015 - According to the General Road Accident Data in Malaysia (1997 – 2014), road accidents in Malaysia have increased significantly over the past 10 years with 476,196 accidents in 2014 compared to 326,815 accidents in 2004, an increase of 46% or 149,381 cases.  Since 2000, the number of [...]

Is Malaysia ready for the ASEAN Economic Community (AEC)? PIAM and LIAM collaborate with the ASEAN Insurance Council (AIC) to raise awareness on the AEC and provide insurers a platform to prepare for the open market KUALA LUMPUR, MALAYSIA, 22 MAY 2015 – The ASEAN Insurance Council (AIC) has taken a lead role [...]

28 April 2015 - Persatuan Insurans Am Malaysia (PIAM) re-elected Mr. Chua Seck Guan as its Chairman at the Association’s 37th Annual General Meeting held on 21 April 2015. Mr. Chua who is the Chief Executive Officer of MSIG Insurance (Malaysia) Bhd said that he was privileged to continue serving as Chairman of [...]