UP TO RM3 BILLION PAYOUT FOR FLOOD-RELATED INSURANCE CLAIMS AND GENERAL INSURANCE INDUSTRY PLEDGES ADDITIONAL RM2.4 MILLION CSR INITIATIVE
Kuala Lumpur, Tuesday, 28 December 2021 – Due to unusually severe floods as widely reported in various parts of the country, the general insurance industry is potentially facing upwards of RM2 Billion - RM3 Billion in total flood-related claims exposure. These estimates include actual and potential personal lines and commercial risks claims directly resulting from the recent flash floods and the upcoming monsoon season in the weeks and months ahead. [...]
INSURANCE COVERAGE AGAINST FLOOD AND EXPEDITING CLAIMS SETTLEMENT FOR POLICYHOLDERS AFFECTED BY FLOODS
Kuala Lumpur, Monday, 20 December 2021 – Persatuan Insurans Am Malaysia (PIAM) and Malaysian Takaful Association (MTA) urge the public to be extra careful during the current rainy season with flash floods reported in various parts of the country. Based on recent press reports, the Government has mobilized the Armed Forces and police to assist with flood evacuation as more than 34,000 people have been displaced following severe [...]
PROGRAM BAUCAR PERLINDUNGAN TENANG – Pelancaran Fasa 2 – Penerima Bantuan Prihatin Rakyat 2021 Bujang dan Warga Emas Boleh Menyemak Kelayakan Bermula 15 November 2021
Semua penerima BPR 2021 yang layak harus menebus baucar mereka selewat-lewatnya 31 Disember 2021 Kuala Lumpur, Selasa, 16 November 2021– Industri insurans dan takaful ingin mengumumkan pelancaran Fasa 2 Program Baucar Perlindungan Tenang (PTV) berkuatkuasa 15 November 2021 dan seterusnya. Di bawah fasa kedua, program PTV menawarkan perlindungan sosial kepada kira-kira 4.8 juta penerima Bantuan Prihatin Rakyat (BPR) 2021 daripada kategori bujang dan warga emas melalui subsidi baucar RM50 untuk [...]
PERLINDUNGAN TENANG VOUCHER PROGRAMME – Launch of Second Phase – 2021 Bantuan Prihatin Rakyat’s Single and Senior Citizen Recipients Can Now Check their Eligibility Starting from 15 November 2021
All eligible BPR 2021 recipients should redeem their vouchers by 31 December 2021 Kuala Lumpur, Tuesday, 16 November 2021– The insurance and takaful industry wishes to announce the launch of Phase 2 of the Perlindungan Tenang Voucher (PTV) programme effective 15 November 2021 onwards. Under the 2nd phase, the PTV programme offers social protection to about 4.8 million eligible recipients of the 2021 Bantuan Prihatin Rakyat (BPR) from [...]
GENERAL INSURANCE INDUSTRY LAUDS BUDGET 2022 FOR ENHANCED SUPPORT FOR MICRO/SME AND SOCIAL PROTECTION FOR B40
Kuala Lumpur, 8 November 2021 – Persatuan Insurans Am Malaysia (PIAM) lauds and supports the Government’s initiatives in enhancing social protection through incentives to assist the B40 households and micro, small and medium business segments under the Budget 2022. The government’s initiatives will assist in promoting financial resilience of the economically disadvantaged and vulnerable segments in society through the encouragement of the purchase of general insurance cover on [...]
PERLINDUNGAN TENANG VOUCHER PROGRAMME – 2021 Bantuan Prihatin Rakyat’s Household Recipients May Check Eligibility Starting from 30 September 2021
Kuala Lumpur, Wednesday, 29 September 2021 – The Perlindungan Tenang Voucher (PTV) Programme, a national initiative by the Government of Malaysia in collaboration with the Insurance and takaful providers will be officially launched on 30 September 2021, offering social protection to about 8.4 million eligible Bantuan Prihatin Rakyat (BPR) recipients. Under the first phase of the PTV Programme rollout, a RM50 voucher will firstly be allocated to 3.6 [...]
PROGRAM BAUCAR PERLINDUNGAN TENANG – Penerima Bantuan Prihatin Rakyat 2021 (Isi Rumah) Boleh Semak Kelayakan Bermula 30 September 2021
Kuala Lumpur, Rabu, 29 September 2021 – Program Baucar Perlindungan Tenang (PTV), sebuah inisiatif nasional yang diperkenalkan oleh Kerajaan Malaysia dengan kerjasama syarikat insurans dan pengendali takaful akan dilancarkan secara rasmi pada 30 September 2021. Program PTV ini menawarkan perlindungan sosial kepada kira-kira 8.4 juta penerima Bantuan Prihatin Rakyat (BPR) 2021 yang layak,. Di bawah fasa pertama, baucar bantuan kewangan RM50 akan ditawarkan kepada 3.6 juta penerima di [...]
VTREC WARN MALAYSIAN COULD LOSE MUCH MORE TO AUTO FRAUDS AND SCAMS IN 2021
Kuala Lumpur, 5 August 2021 – Vehicle Theft Reduction Council of Malaysia (VTREC) are warning the public on the rise of frauds and scams relating to vehicle. The pandemic Covid-19 has resulted in large fortunes for some e-commerce companies, unfortunately so did automotive frauds and scams. Automotive frauds and scams have skyrocketed in first half of 2021. The internet and e-commerce have become one of main tools for [...]
PIAM & MII HOLDS FORUM ON LEADERSHIP FOR THE INSURANCE INDUSTRY
PIAM & MII HOLDS FORUM ON LEADERSHIP FOR THE INSURANCE INDUSTRY Reset.Renewal.Hope.Opportunity Kuala Lumpur, 20 August 2021 – The 6th Insurance Leadership Forum 2021 (ILF 2021) organised by Persatuan Insurans Am Malaysia (PIAM) in collaboration with The Malaysian Insurance Institute (MII) was successfully held on 28 – 29 July 2021. Setting the scene on the theme of “Reset.Renewal.Hope.Opportunity”, the two-day virtual event gathered over 300 participants comprising of [...]
Insurance and Takaful industry COVID-19 Test Fund calling policy/certificate holders to submit their claims for tests done on or before 31 May 2021
Kuala Lumpur, Thursday, 1 July 2021 – The Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) are urging policy/certificate holders who have done their COVID-19 Test on or before 31 May 2021 to submit their application via the MyCTF website at www.myctf.my by 15 July 2021. The RM10 Million COVID-19 Test Fund (CTF) was officially closed on 21 May 2021 [...]
