News Release 2014

PIAM CELEBRATES GENERAL INSURANCE DAY 2014 WITH TREE PLANTING

PIAM CELEBRATES GENERAL INSURANCE DAY 2014 WITH TREE PLANTING 180 Staff of the General Insurance Industry Gather To Plant Saplings At Raja Musa Peat Forest Reserve   Kuala Lumpur, 21 October 2014 – The General Insurance Association of Malaysia (PIAM) Learn more

PIAM’S WISH LIST FOR BUDGET 2015

Kuala Lumpur, 26 September 2014 – The General Insurance Association of Malaysia (PIAM) expects the Budget 2015 to continue to focus on measures to further liberalize and strengthen the nation’s insurance and takaful sector. In tandem with the favourable economic Learn more

GENERAL INSURANCE INDUSTRY EXPECTS CONTINUED GROWTH IN 2H 2014

GENERAL INSURANCE INDUSTRY EXPECTS CONTINUED GROWTH IN 2H 2014 Non-Motor Business Lines Performing Well with Strong Growth Potential   Kuala Lumpur, 23 September 2014 – The Malaysian General Insurance industry has continued to register steady growth in the first six Learn more

FAQ ON PROPERTY/LIFE INSURANCE – A CONSUMER EDUCATION GUIDE FROM PIAM

1.Background In Malaysia, the sum Insured for a basic fire policy is calculated based on the cost of rebuilding/reconstructing the building in the event of a total loss to its current state (excluding the cost of land).  This is however Learn more

MOTOR INSURANCE CLAIMS CLIMB TO RM1.38 BILLION IN FIRST QUARTER OF 2014

Kuala Lumpur, 2 August 2014 – The  General Insurance Association of Malaysia (PIAM) revealed that net claims incurred by general insurers and takaful  operators for bodily injury and property damages due to road accidents has increased to RM1.384 billion in Learn more

PIAM STATEMENT ON MH17-GENERAL INSURANCE COVERAGE AND CLAIMS

Kuala Lumpur, 30 July 2014 – In a statement issued today, the General Insurance Association of Malaysia (PIAM) clarified the insurance coverage and claims options available to the next-of-kin of victims of the MH 17 tragedy. PIAM revealed that there Learn more

PIAM FAQ on MH17

PIAM FAQ ON MH17 30 July 2014 The General Insurance Association of Malaysia (PIAM), representing all general insurers and reinsurers in Malaysia, is deeply saddened by the loss of lives as a result of the MH17 tragedy which has left Learn more

PIAM STATEMENT ON MH17 INCIDENT

MH17 INCIDENT – STATEMENT BY PERSATUAN INSURANS AM MALAYSIA (PIAM) Kuala Lumpur, 18 July 2014 – The General Insurance Association of Malaysia (PIAM), representing all general insurers and reinsurers in Malaysia, is deeply saddened by the loss of lives as a Learn more

GENERAL INSURANCE INDUSTRY PLEDGES TO GIVE PRIORITY TO MH370 INSURANCE CLAIMS

Kuala Lumpur, 27 May 2014 – The General Insurance Association of Malaysia (PIAM), representing all general insurers and reinsurers in Malaysia, has affirmed that its members  have collectively agreed to simplify procedures for processing all the personal accident insurance claims Learn more

MALAYSIAN GENERAL INSURANCE INDUSTRY CONTINUES TO GROW

Kuala Lumpur, 2 April 2014 – On the back of a relatively strong domestic demand, supported by ongoing mega projects, and increased consumer awareness on business and personal risks, the general insurance industry recorded positive growth in 2013 with total Learn more