KUALA LUMPUR, March 10 — Bank Negara Malaysia (BNM) has refined several entry requirements for digital insurers and Takaful operators (DITOs) in its policy document on licensing and regulatory framework for DITOs released today.

KUALA LUMPUR, Feb 26 — A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, Dec 22 — 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, Sept 25 — The ringgit has been rising steadily against the United States (US) dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the US, according to Bank Negara Malaysia (BNM).

KUALA LUMPUR, Oct 10 — The Malaysian Takaful Association (MTA) hopes the government will offer an affordable and adequate takaful protection plan for the B40 and M40 income groups in Budget 2024.

KUALA LUMPUR, Dec 29 — Life insurance and family takaful policyholders affected by the floods have been offered a range of support and relief measures, including an extra timeline of a few months for payment of premiums/contributions.