PIAM Media Briefing on Monsoon Risks, Protection & Recovery

On 6 November 2026, PIAM hosted a Media Briefing at Wisma PIAM, focusing on the topic “Monsoon Risks, Protection & Recovery”.

The session, presented by PIAM’s CEO, Mr Chua Kim Soon, highlighted the importance of understanding and preparing for monsoon-related risks, while raising awareness of the role insurance plays in protecting lives and livelihood and supporting recovery in the aftermath of unforeseen events.

Despite Malaysia’s high flood risk, optional flood coverage adoption remains critically low sitting at just 14% for motor policies and 33% for fire and property policies.

Hence the need to stay informed, be prepared and stay financially protected.