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RM 15.5 Million Paid Out Daily For Motor Insurance Claims4 March 2015 – The motor insurance industry in Malaysia carries a heavy burden in paying out claims cost arising from road traffic accidents. In 2014, the total payout in motor claims incurred by both general insurers and takaful operators was RM 5.64 billion. This [...]

Strong Performance And Growth Achieved For Non-Motor Business Lines Kuala Lumpur, 9 February 2015 – The General Insurance Association of Malaysia (PIAM) reported that the general insurance industry grew at a steady rate in 2014 with gross written premiums increasing by 5.9% to RM17.09 billion as compared to RM16.15 billion in 2013.  The [...]

General Insurance Industry Places Emphasis On Talent Development                                                                                            [...]