Latest Insurance News in Malaysia

PIAM ANNOUNCES 2017/2018 MANAGEMENT COMMITTEE MEMBERS

Kuala Lumpur, 2 May 2017 – Persatuan Insurans Am Malaysia (PIAM) has reelected Mr. Antony Lee, CEO of AIG Malaysia Insurance Bhd as its Chairman at the Association’s 39th Annual General Meeting held on 28 April 2017. Mr. Antony Lee Learn more

PIAM’s Statement on the Proposed Decision by MyCC

Kuala Lumpur, 1 March 2017 – PIAM and its members are disappointed with the proposed decision issued by MyCC on 22 Feb 17 against PIAM and all 22 general insurance companies, which found that PIAM and the insurance companies had Learn more

INSURANCE AND TAKAFUL INDUSTRY LAUNCHES THE CODE OF PRACTICE PURSUANT TO PERSONAL DATA PROTECTION ACT

Kuala Lumpur, 24 February 2017 – The Life Insurance Association of Malaysia, Persatuan Insurans Am Malaysia and the Malaysian Takaful Association together with the Personal Data Protection Department of Malaysia (PDP Department) today launched the Code of Practice on Personal Learn more

GENERAL INSURANCE INDUSTRY GROWTH TAPERS TO 1.1% IN 2016

Kuala Lumpur, 23 Feb 2017 – Growth in the general insurance industry tapered to 1.1% in 2016, with gross written premium income reaching RM17.67 billion. This was half the 2.2% growth rate achieved in 2015. Motor insurance grew marginally by Learn more

PIAM & MTA FLOOD ADVISORY

Kuala Lumpur, 6 Jan 2017 – Persatuan Insurans Am Malaysia (PIAM), the General Insurance Association of Malaysia and Malaysian Takaful Association (MTA)  wish to assure flood victims, who have a flood cover as part of their general insurance policy/takaful certificate Learn more

PIAM COMMEMORATES GENERAL INSURANCE DAY WITH A DRIVE SAFE CAMPAIGN

Kuala Lumpur, 22 October 2016 – Persatuan Insurans Am Malaysia (PIAM) commemorated the General Insurance Day 2016 with the launch of a Drive Safe Campaign and a host of activities at Berjaya Times Square Kuala Lumpur on 22 October 2016. Learn more

EVENT: General Insurance Day 2016 – Every Road User Has A Family Drive Safe

Every Road User Has A Family Drive Safe #DriveSafe4Family   22 October 2016, Saturday 10 AM – 10 PM Berjaya Times Square, Kuala Lumpur Persatuan Insurans Am Malaysia (PIAM) will be commemorating the General Insurance Day 2016 with a Drive Learn more

GENERAL INSURANCE INDUSTRY ACHIEVES MODERATE 3% GROWTH IN FIRST HALF 2016

Kuala Lumpur, 24 Aug 2016 – The general insurance industry recorded a moderate growth rate of 3% for the first six months of 2016, amidst earlier sentiments that it will be a challenging year for its members.  Industry gross written Learn more

ABOUT GENERAL INSURANCE AGENTS CONVENTION (GIAC) 2016

ABOUT GENERAL INSURANCE AGENTS CONVENTION (GIAC) 2016   PIAM’s inaugural General Insurance Agents Convention (GIAC) 2016 is an important event for the industry and brings together top performing agents representing all member companies of PIAM.   Themed “Distribution in a Learn more

NEWS: PHASED LIBERALISATION OF THE GENERAL INSURANCE INDUSTRY IN MALAYSIA

TOP 10 THINGS THAT YOU SHOULD KNOW ABOUT THE IMPLEMENTATION OF PHASED LIBERALISATION OF MOTOR AND FIRE TARIFFS   Kuala Lumpur, 15 July 2016 (updated 31 Mar 2017) Motor and Fire insurance are mandatory insurance protection and accounts for close Learn more