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Life Insurance Companies Announce Flood Relief Measures

KUALA LUMPUR, Nov 13 (Bernama) -- Life insurance companies in Malaysia will provide flood relief measures to alleviate the hardship caused by the recent flood catastrophe in Kedah and Penang, says the Life Insurance Association of Malaysia (LIAM).

Islamic Finance To Gain By Leveraging On Technology - BNM Assistant Governor

PETALING JAYA, Nov 8 (Bernama) -- Islamic finance stands to gain significantly from technology as it acts as a great equaliser, says Bank Negara Malaysia (BNM) Assistant Governor, Datuk Ahmad Hizzad Baharuddin.

AmGeneral Insurance Fast-Tracking Penang Flood Victims' Claims

KUALA LUMPUR, Nov 7 (Bernama) -- AmGeneral Insurance Bhd (AmGeneral Insurance) will be fast-tracking valid property and motor insurance claims from Penang flood victims to within 48 hours from the usual seven working days.

IAIS Announces Unified Path To Convergence On ICS Version 2.0

KUALA LUMPUR, Nov 3 (Bernama) -- The International Association of Insurance Supervisors (IAIS) today announced a unified path to convergence of group capital standards in furtherance of its ultimate goal of a single Insurance Capital Standard (ICS) that achieves comparable outcomes across jurisdictions.

Allianz Launches Medical Plan For Type 2 Diabetics

KUALA LUMPUR, Nov 3 (Bernama) -- Allianz Malaysia Bhd's unit, Allianz Life Insurance Malaysia Bhd, today launched the 'Allianz Diabetic Essential' medical plan for Type 2 diabetics.

AmMetLife Takaful Launches Protectsecure-i Murni Family Plan For Muslims

KUALA LUMPUR, Nov 2 (Bernama) -- AmMetLife Takaful Bhd has launched ProtectSecure i Murni, a Shariah-compliant regular contribution family takaful plan designed to cater specifically for Muslim needs and exclusively distributed by AmBank Islamic Bhd.

Insurance, Takaful Products Not Attractive To Large Segments Of Population -- BNM Governor

KUALA LUMPUR, Oct 30 (Bernama) -- Insurance and takaful products are still not attractive to large segments of the population of Malaysia as many of them are too complex and unaffordable, said Bank Negara Malaysia's (BNM) Governor, Tan Sri Muhammad Ibrahim.

Insurance Industry To Enforce Fraud Intelligence System In August

KUALA LUMPUR, Oct 30 (Bernama) -- Insurance industry players expect to roll out the Fraud Intelligence Systems (FIS) by August next year to combat fraudulent claims.

New Life Business Premiums Up 6.9 Pct To RM5.9 Bln For Jan-July 2017

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia's life insurance registered a 6.9 per cent growth in new business premiums to RM5.9 billion from January to July 2017, supported by the growth of investment-linked policies.

Syarikat Takaful Malaysia's Pre-tax Profit Improves In Q3

KUALA LUMPUR, Oct 20 (Bernama) -- Syarikat Takaful Malaysia Bhd's pre-tax profit rose to RM66.01 million in the third quarter (Q3) ending Sept 30, 2017, from RM63.83 million in the same corresponding period a year ago.

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RHB Islamic To Provide e-solutions To PBT Pengerang
AIBIM Wants Govt To Channel Incentives For SMEs Via Islamic Banks

Maybank Islamic Named Best Global Islamic Financial Institution 2017

Life Insurance Companies Announce Flood Relief Measures
Islamic Finance To Gain By Leveraging On Technology - BNM Assistant Governor

AmGeneral Insurance Fast-Tracking Penang Flood Victims' Claims

US 4.1180/1210
S'pore 3.0585/0614
100 Yen 3.6963/6996
Sterling 5.4749/4801
Euro 4.8761/8801
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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