Thursday, 14 August 2025

General insurance industry supports digitalisation of road tax, driving licence

KUALA LUMPUR: The general insurance industry supports the digitalisation of road tax and driving licence by the Road Transport Department (RTD), believing that the initiative would result in more efficient enforcement by the authorities, including the Royal Malaysian Police. According to the General Insurance Association of Malaysia (PIAM), one of the primary benefits of the […]

Allianz Malaysia eyes the underinsured

KUALA LUMPUR: Allianz Malaysia Bhd (Allianz Malaysia) says it will need to manoeuvre its business around pandemic challenges to stay resilient and brace for challenges ahead as the insurer expects COVID-19 to continue to be in the backdrop in 2022. Chief executive officer Sean Wang said that while business will continue to be very challenging […]

Insurance, takaful industry broadens reimbursement eligibility for Covid-19 Test Fund

KUALA LUMPUR: 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 tests. In a joint statement, they said under the revised eligibility, policyholders/certificate holders can claim from the Covid-19 Test Fund (CTF) if they: have acute respiratory […]