Latest Insurance News in Malaysia

ANNOUNCEMENT

Kuala Lumpur, 15 October 2020 – Persatuan Insurans Am Malaysia (PIAM) has announced the appointment of Julie Lean Gim Chong as the Chief Executive Officer Designate of the Association with effect from 15 October 2020. There will be a phased Learn more

PIAM’S FLOOD ADVISORY

Kuala Lumpur, 8 October 2020 – The General Insurance Association of Malaysia (PIAM) urges the public to be prepared to protect their assets from possible flood damage and other natural disasters, in preparation of the monsoon transition phase which commenced Learn more

PIAM EXPRESSES PROFOUND DISAPPOINTMENT AT MyCC’S DECISION

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 Learn more

GENERAL INSURANCE INDUSTRY DECLINED 3.6% IN THE FIRST HALF OF 2020

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 Learn more

PIAM APPOINTS BOARD OF DIRECTORS FOR 2020-2022

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 Learn more

Insurance and Takaful industry’s RM8 Million COVID-19 Test Fund broadens eligibility criteria to include Emergency and Semi Emergency cases

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) Learn more

UNDERSTANDING YOUR GENERAL INSURANCE COVERAGE DURING THE MOVEMENT CONTROL ORDER (MCO)

Kuala Lumpur, 30 April 2020 – As we continue to ride through the unprecedented wave of the current global COVID-19 pandemic, the General Insurance Association of Malaysia (PIAM) is aware of many uncertainties that have arisen amongst the consumers. There Learn more

The insurance and takaful industry is broadening the eligibility for reimbursement from the COVID-19 Test Fund (CTF) to benefit more consumers

Kuala Lumpur, Saturday, 11 April 2020 – The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have broadened the reimbursement eligibility to encourage more insurance policyholders/takaful certificate holders to undergo COVID-19 Learn more

INSURANCE AND TAKAFUL INDUSTRY LAUNCHES THE COVID-19 TEST FUND (CTF) PORTAL AIMED AT TESTING OVER 26,600 PEOPLE

Kuala Lumpur, Wednesday, 8 April 2020 – The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have finalised the operational details of the COVID-19 Test Fund (CTF) to benefit medical insurance Learn more

GENERAL INSURANCE INDUSTRY TAKES VARIOUS MEASURES TO HELP POLICYHOLDERS

Kuala Lumpur, 7 April 2020 – The General Insurance Association of Malaysia (PIAM) would like to highlight the various measures undertaken by our member companies to support all policyholders and customers during the COVID-19 Pandemic.   While some insurance companies Learn more