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KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).
KUALA LUMPUR, Nov 25 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) posted a higher net profit of RM115.42 million for the third quarter ended Sept 30, 2025 (3Q 2025), up from RM100.65 million a year ago, mainly due to lower claims incurred.
KUALA LUMPUR, Nov 18 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) and MNS Credit Management Group Pte Ltd have signed a memorandum of understanding during the Asian EXIM Banks Forum 2025 to enhance cooperation in credit risk management and debt recovery.
GEORGE TOWN, Nov 15 (Bernama) -- Malaysia’s economy remains stable and resilient despite various global challenges, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Nov 14 (Bernama) -- The healthcare and insurance/takaful industries have reactivated the Grievance Mechanism Committee (GMC) with the support of the Health Ministry and Bank Negara Malaysia, bringing together medical professionals, hospitals, insurers, takaful operators, and regulators to address systemic claims challenges.
LABUAN, Nov 13 (Bernama) -- The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 to Nov 14, 2027.
KUALA LUMPUR, Nov 11 (Bernama) -- Global credit rating agency, AM Best will take part in the sixth Association of Southeast Asian Nations (ASEAN) Insurance Summit, scheduled for Nov 25, at the Sokha Convention Center in Siem Reap, Cambodia.
KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Nov 5 (Bernama) -- The design and concept of the base Medical and Health Insurance/Takaful (MHIT) product, which are expected to be finalised by the end of this year, has received encouraging feedback from members of the consultative council.
KUALA LUMPUR, Nov 4 (Bernama) -- The base Medical and Health Insurance/Takaful (MHIT) product design and concept, which is expected to be finalised by the end of this year, has received encouraging feedback from members of the consultative council.
KUALA LUMPUR, Nov 1 (Bernama) -- The Malaysian takaful industry recorded assets of RM62.54 billion as of mid-2025, nearly doubling from RM41.87 billion in 2020.
KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.
