KUALA LUMPUR, June 24 (Bernama) -- All insurers and takaful operators have agreed to extend the deadline for the reinstatement of medical and health insurance/ takaful (MHIT) policies and certificates without imposing a waiting period to Aug 31, 2025 from June 30, 2025.
KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024.
KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.
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, Dec 20 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) today announced interim measures to support policyholders and participants impacted by the recent premium and contribution repricing.
KUALA LUMPUR, Dec 20 (Bernama) -- Bank Negara Malaysia (BNM) has announced interim measures to help manage the impact of medical and health insurance and takaful (MHIT) premium adjustments, with insurers and takaful operators (ITOs) to spread out the changes in premiums over a minimum of three years for all policyholders affected by the repricing.
