KUALA LUMPUR, Dec 20 -- The government, together with insurers and takaful operators (ITOs) and private hospitals, will contribute RM60 million to accelerate health reforms, said Bank Negara Malaysia (BNM).
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.
KUALA LUMPUR, Dec 6 (Bernama) -- The National Association of Malaysian Life Insurance and Financial Advisors (NAMLIFA) has strongly urged Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) to order a temporary halt in the medical premium repricing exercises.
KUALA LUMPUR, Dec 5 (Bernama) -- The government will study the feasibility of the proposed portability of medical and health insurance/takaful (MHIT) products to ensure continuous and effective access to care, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Nov 29 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd is committed to investing in digital innovation and technology to ensure a sustainable business, said group chief executive officer Nor Azman Zainal.
KUALA LUMPUR, Nov 28 (Bernama) -- Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITOs) to review their current repricing strategies for more reasonable implementation.
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s insurance and takaful industry saw unprecedented cumulative medical claims cost inflation rate of 56 per cent from 2021 to 2023, according to several associations.
KUALA LUMPUR Oct 22 (Bernama) -- Great Eastern Takaful Bhd (GETB) has achieved significant milestones, being named Best Takaful Solution Provider 2024 at the Global Islamic Finance Awards (GIFA) and receiving the Initiative Award - Upcycling from the ESGBusiness Awards.
KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the Maqasid Shariah Scorecard (MSS), a transformative initiative aimed at assessing the industry’s impact and sustainability.
KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.
KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
