Lately, since end of last year 2021 insurers has requested new claim documents before approving any claim payments. This is to comply with Bank Negara requirements in line with the AMLA (Anti-Money Laundering & Anti-Terrorism Financing) Act 2001.

Many Malaysians are more concerned about protecting themselves from robbers and serious accidents than disasters such as Flood.

A car owner was relieved he had purchased a Special Perils Insurance coverage for his vehicle as it was damaged in the recent floods that badly hit the Klang Valley.

The insurance and Takaful industry calls on all stakeholders such as Bank Negara, private hospitals and doctors to work together with the industry to address the rising medical cost and premium inflation.

In anticipation of international travel resuming, demand for travel insurance with Covid-19 coverage has become an essential since the Pandemic outbreak on year 2020.

The much anticipated news was announced by Prime Minister Datuk Seri Ismail Sabri Yaakob during a special press conference. The decision to lift the restriction on interstate movement, was made after the vaccination coverage involving adult population in the country reached 90 per cent.