5m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.
6m ago
KUALA LUMPUR, Aug 5 (Bernama) -- Bank Negara Malaysia (BNM) is advancing several key initiatives to boost digitalisation in the country, as a future-ready system needs more than new technology and business models.
7m ago
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.
7m ago
KUALA LUMPUR, June 26 (Bernama) — The government is considering introducing a basic insurance scheme to help reduce the impact of rising medical costs, which has become a growing concern among the public, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
7m ago
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.
9m ago
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.
9m ago
KUALA LUMPUR, April 30 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) is setting the tone for 2025 with commitments to regulatory reform, digital innovation, and inclusive economic growth, as outlined in today’s Labuan International Business and Financial Centre’s (Labuan IBFC) Market Report 2024.
10m ago
KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) together with its member takaful operators stand united in support of Putra Heights explosion victims by mobilising emergency support for affected communities.
10m ago
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.
10m ago
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.
10m ago
KUALA LUMPUR, March 11 (Bernama) -- Bank Negara Malaysia (BNM) and relevant stakeholders are working together to expedite the implementation of a long-term solution to effectively control medical cost inflation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
10m ago
KUALA LUMPUR, March 10 (Bernama) -- The application for digital insurers and Takaful operators (DITOs) licences remains open until Dec 31, 2026, and Bank Negara Malaysia (BNM) may announce successful applicants during or after this period.