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LIAM appoints Pauline Teoh as new president

KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.

Insurance claims spike amid climate shocks

Profits at several listed non‑life insurance companies fell sharply in the fourth quarter of 2025 after a series of natural disasters pushed compensation costs higher.

Penang JPJ issues 2,724 summonses over 13-day Raya op

GEORGE TOWN: The Road Transport Department (JPJ) in Penang issued 2,724 summonses for various offences over the 13-day Ops Khas Hari Raya Aidilfitri 2026, which began on March 13.

Berjaya Sompo appoints Soo Wai Har as CEO

KUALA LUMPUR: Berjaya Sompo Insurance Bhd has appointed Soo Wai Har as its chief executive officer, effective April 1, 2026.

Promoting road safety for motorcyclists ahead of Hari Raya rush

WITH Hari Raya travel expected to increase this week, efforts are being stepped up to promote safer riding habits, particularly among motorcyclists heading back to their hometowns.

Who covers AI business blunders? Some insurers cautiously step up

As more businesses trust artificial intelligence "agents" to independently grow their revenues, some insurance firms are stepping in to cover any mistakes – while others are steering clear.

Insurance scheme for Malaysians commuting for work to Singapore to be ready in Q2 this year, says Ramanan

PUTRAJAYA: Skim Pengembara, the planned insurance scheme for Malaysians travelling to Singapore for work daily, is expected to be ready by the second quarter of this year, says Datuk Seri R. Ramanan.

Tune Protect, Verdant Solar collaborate on insurance protection for solar installations

KUALA LUMPUR: Tune Protect Malaysia Bhd has partnered Verdant Solar Sdn Bhd to offer homeowners insurance solutions for residential rooftop solar installations.

AmMetLife appoints Wan Saifulrizal Wan Ismail as CEO

KUALA LUMPUR: AmMetLife Insurance Berhad has appointed Wan Saifulrizal Wan Ismail as its CEO, succeeding Rangam Bir, who has left the company to pursue other opportunities.

Insurance industry to enter new phase

KUALA LUMPUR: The insurance industry is poised to enter a new phase of major reforms under government-led Reset initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.