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KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.
KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.
KUALA LUMPUR, April 16 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) marked a special milestone with the celebration of two grand prize winners of its Mini Worries, Great Prizes campaign, each of whom drove home a BYD Atto 3 Ultra.
KUALA LUMPUR, April 11 (Bernama) -- The Malaysian insurance and takaful industry is expected to address any structural gaps during the pilot phase of the Malaysia Health Insurance and Takaful Initiative (MHIT), which is scheduled for rollout in the second half of 2026.
By K. Naveen Prabu
KUALA LUMPUR, April 8 (Bernama) -- The takaful industry has achieved 60 per cent of its targets under the Hijrah27 framework and is on track to reach full completion by 2027, according to the Malaysian Takaful Association (MTA).
KUALA LUMPUR, April 6 (Bernama) -- MNRB Holdings Bhd has had the AA3 and A1 ratings on its RM420 million senior sukuk and subordinated sukuk, respectively, reaffirmed by RAM Rating Services Bhd.
KUALA LUMPUR, April 3 (Bernama) -- RHB Banking Group is reinforcing its commitment to enhancing customers’ financial well-being with the launch of RHB Wealth Advance (RWA) and Takaful mySmart Income Enhanced (MSIE).
KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the 2025 Financial Sector Blueprint (FSB) and Sustainability Report for Takaful today, highlighting the industry’s progress in advancing financial inclusion, sustainability and digital transformation.
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) has set several priorities this year, including accelerating the transition to guarantee schemes to help small and medium enterprises (SMEs) access financing more easily and promoting responsible innovation to close gaps in access and protection.
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is focusing on strengthening value-based intermediation (VBI) capabilities including in sustainability and climate agenda in Islamic financial system this year.
KUALA LUMPUR, March 31 (Bernama) -- Profitability of Malaysia’s insurance and takaful sector declined slightly to RM4.6 billion in the second half of 2025 (2H 2025) from RM4.8 billion in the first half of 2025 (1H 2025), despite improved equity investment performance, said Bank Negara Malaysia (BNM).
By K. Naveen Prabu
KUALA LUMPUR, March 24 (Bernama) -- The insurance and takaful industry is optimistic that recipients of the Perlindungan Tenang Voucher (PTV) 3.0 programme will continue to pursue insurance coverage even after the campaign period.
