Kuala Lumpur, 30 September 2020 – PIAM and its members are profoundly disappointed by the Final Decision issued by MyCC on 14 September 2020 against PIAM and 22 general insurers. MyCC has found that PIAM and the insurers had infringed the Competition Act 2010 in relation to an arrangement between PIAM and the Federation [...]
Kuala Lumpur, 13 August 2020 – The General Insurance Industry registered its steepest half year drop in recent years as it bore the full brunt of the COVID-19 pandemic. Gross direct premiums declined 3.6% to RM 8.60 billion for the first six months of 2020 compared to the same period last year. Motor the [...]
Kuala Lumpur, 2 July 2020 – At its Annual General Meeting today Persatuan Insurans Am Malaysia (PIAM) appointed a 10-member Board of Directors for 2020-2022. In line with the strategic transformation of PIAM this newly established Board will take over the role of the previous Management Committee. It will position the Association to operate [...]
Kuala Lumpur, Wednesday, 13 May 2020 – In addressing the needs of the policyholders/certificate holders and to protect the healthcare front liners from the risk of COVID-19 infection, the Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have broadened the eligibility criteria of the RM8 [...]
Talenz 11 (Dec 15 Issue).
GIIFT-PUBLICITY-BOARD-Oct-Dec-15
PIAM is pleased to organize the inaugural Marine Insurance Knowledge Seminar (MIKS) on 4 August 2015. Aligned to its theme, Loss Prevention & Risk Management in Marine Cargo Insurance, MIKS will discuss the current issues posing new challenges to the marine insurance fraternity and the industry at large. It aims to gather industry’s marine insurance practitioners and other [...]
1) Why is travel insurance a necessity? What are the benefits of travel insurance (generally)? Like any other insurance products, travel insurance is purchased to provide protection against travel-related accidents, losses or interruption. The cover is usually limited to the period of travel, however, some insurance companies may offer various combinations of protection [...]
Kuala Lumpur, 2 April 2014 – On the back of a relatively strong domestic demand, supported by ongoing mega projects, and increased consumer awareness on business and personal risks, the general insurance industry recorded positive growth in 2013 with total gross written premium income increasing by 6.4 percent to RM16.2 billion compared to RM15.2 [...]
