INSURANCE AND TAKAFUL INDUSTRY OPERATING AS NORMAL ON FRIDAY, 8 JULY
Kuala Lumpur, 30 June 2016 – We refer to the announcement made by the Chief Secretary to the Government, Tan Sri Dr Ali Hamsa, that the Federal civil servants have been given an additional Hari Raya holiday on Fri, 8 July 2016 should the first day of Hari Raya fall on Wed, 6 July 2016. Kindly be informed that the insurance and takaful industry will be operating as [...]
NEWS : WHAT TO DO IN THE EVENT OF A ROAD ACCIDENT
Kuala Lumpur, 30 June 2016 - Road accidents can happen to us anytime. When an unexpected car accident happen, it can leave us feeling confused which may resulted in us seeking help from unknown parties. PIAM and MTA wish to advise consumers that it is important to be fully informed on the correct procedures to be adopted in an event of an accident to ensure that the consumers’ [...]
NEWS: PIAM ANNOUNCES 2016/2017 MANAGEMENT COMMITTEE MEMBERS
Kuala Lumpur, 27 April 2016 – Persatuan Insurans Am Malaysia (PIAM) has elected Mr. Antony Lee, CEO of AIG Malaysia Insurance Bhd as its Chairman at the Association’s 38th Annual General Meeting held on 22 April 2016. Mr. Antony Lee said “It’s a great honour for me to be given this opportunity to lead the Management Committee of PIAM. Over the last 2 years the Association has embarked [...]
PIAM’S REPLIES TO THE MALAYSIAN RESERVE
Question 1 Insurance firms starting July can decide the motor insurance without using their tariff table. What sort of early issues that we can expect from the de-tarification practice? Answer 1 The liberalisation of the Motor and Fire Tariffs, will be managed through a phased approach to allow time for consumers and industry to adjust to the new operating environment. In the first phase of the Liberalisation Roadmap, [...]
PIAM: GENERAL INSURANCE INDUSTRY GROWS AT 2.3% IN 2015
Kuala Lumpur, 3 March 2016 – The General Insurance Industry achieved 2.3% growth for 2015 with gross written premiums of RM17.49 billion. This was a slower rate compared to the 5.9% growth achieved in 2014. Motor insurance the dominant line of business grew at 2.1% and garnered a market share of 46.3% with gross written premiums increasing to RM8.1 billion from RM7.9 billion in 2014. The Fire class [...]
ANNOUNCEMENT: GIIFT NEXT INTAKE: 1 JUN – 31 AUG 2016
GIIFT - PUBLICITY BOARD - Jun-Aug 16
Talenz No.11
Talenz 11 (Dec 15 Issue).
NEWS: PIAM ADVISES PUBLIC TO PREPARE AND PROTECT THEIR ASSETS DURING THE MONSOON SEASON
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 occurrence in our country, it causes hardships to the public in affected areas and heavy [...]
NEWS: PIAM COMMEMORATES GENERAL INSURANCE DAY 2015 WITH A PLEDGE WALL ON ROAD SAFETY
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 supported by JKJR, MIROS, Malaysia Global Road Safety Partnership (MGRSP), Majlis Keselamatan Jalan Raya Malaysia [...]
