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KUALA LUMPUR, Aug 4 (Bernama) -- More than 90 per cent of adjusted medical and health insurance and takaful (MHIT) policies recorded premium increases of less than 10 per cent, while over 200,000 policies benefited from deferred premium adjustments and more than 14,000 policies were reactivated as at 30 April 2025, according to the Ministry of Finance (MoF).
KUALA LUMPUR, June 26 (Bernama) – Allianz Malaysia Bhd fully supports systemic reforms in the healthcare sector to address rising medical costs and ensure the long-term viability of the insurance industry for the benefit of customers.
KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia.
KUALA LUMPUR, May 5 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, continues to remain positive on Malaysia’s healthcare sector, forecasting a 6.0-8.0 per cent compound annual growth rate (CAGR) until 2030.
KUALA LUMPUR, March 27 (Bernama) -- Underfunding in Malaysia’s public health sector remains a key challenge, with healthcare expenditure standing at about four per cent of gross domestic product (GDP), according to Malaysian Reinsurance Bhd (Malaysian Re).
KUALA LUMPUR, March 25 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has reaffirmed its commitment to Bank Negara Malaysia’s (BNM) interim measures despite recent reports that it is increasing health insurance premiums.
KUALA LUMPUR, March 24 (Bernama) -- Increasing the supply of affordable, mid-tier hospital beds and providing incentives for the expansion of not-for-profit hospitals can help mitigate spiralling medical insurance and medical costs.
KUALA LUMPUR, March 3 (Bernama) -- Thailand’s non-life insurance market made a strong recovery in 2023, posting an underwriting gain of 13.0 billion Thai baht following a net underwriting loss of 50.7 billion Thai baht in 2022, according to a new AM Best report. (100 Thai baht = RM13.02)
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 21 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) has welcomed Bank Negara Malaysia’s (BNM) move to cap annual premium increases for medical insurance and takaful at 10 per cent.
KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.
KUALA LUMPUR, Dec 18 (Bernama) -- Medical insurance or takaful policyholders are urged to consider alternatives such as exploring policy adjustments or reviewing the existing coverage before terminating their policies.
