| LATEST NEWS | Super League: Selangor FC 3-0 Melaka FC | Raja of Perlis hopes appointment of new Perlis Menteri Besar puts an end to all accusations, speculation | Raja of Perlis calls on Perikatan Nasional assemblymen in the state to reunite for the benefit of the people | |
KUALA LUMPUR, April 16 (Bernama) -- The Malaysian Takaful industry collectively disbursed a total of RM10.20 billion in benefits to certificate holders in 2024, marking a 16.73 per cent increase from the previous year, according to the Malaysian Takaful Association (MTA).
KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today.
KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
KUALA LUMPUR, March 9 (Bernama) -- The National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA) has urged the government to address the significant price disparity between insured and cash-paying patients at private hospitals, warning that such discrepancies could make medical insurance unsustainable.
KUALA LUMPUR, Feb 26 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s profit after zakat and tax for the financial year ended Dec 31, 2024 increased nine per cent to RM378.1 million compared to RM347.1 million posted in 2023.
KUALA LUMPUR, Feb 19 (Bernama) -- Sun Life Malaysia has appointed Noor Azam Mohd Yusof as the chief executive officer of Sun Life Malaysia Takaful Bhd (SLMT), effective Feb 3, 2025.
KUALA LUMPUR, Jan 17 (Bernama) -- Bank Islam Malaysia Bhd is targeting 800 sign-ups for its newly launched Bank Islam Mastercard World Premier Wealth Credit Card-i by the end of this year.
KUALA LUMPUR, Jan 13 (Bernama) -- MNRB Holdings Bhd has appointed Wan Ahmad Najib Wan Ahmad Lotfi as the new president and chief executive officer (CEO) of its family takaful subsidiary Takaful Ikhlas Family Bhd effective Jan 14, 2025.
KUALA LUMPUR, Jan 2 (Bernama) -- Etiqa Life Insurance Bhd (ELIB) has announced the appointment of Leong Su Yern as its new chief executive officer (CEO), effective Jan 1, 2025.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
KUALA LUMPUR, Nov 29 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd has posted a higher net profit of RM100.65 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM91.10 million in the same period last year.
