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Consider This: Private Healthcare (Part 2) — What Will Copayments Mean for You?

Consider This: Private Healthcare (Part 2) — What Will Copayments Mean for You?

Come September 1st, Bank Negara Malaysia will require all insurers and takaful operators to offer consumers an option to purchase medical and health insurance and takaful products with a copayment feature. What does it mean for the healthcare sector, and how will this affect patients? On this episode of #ConsiderThis Melisa Idris speaks to independent health policy analyst, Dr Chua Hong Teck.
Tue Aug 06 2024
Consider This: Private Healthcare (Part 1) — What Will Copayments Mean for You?

Consider This: Private Healthcare (Part 1) — What Will Copayments Mean for You?

Come September 1st, Bank Negara Malaysia will require all insurers and takaful operators to offer consumers an option to purchase medical and health insurance and takaful products with a copayment feature. What does it mean for the healthcare sector, and how will this affect patients? On this episode of #ConsiderThis Melisa Idris speaks to Azrul Mohd Khalib, CEO of the Galen Centre for Health and Social Policy.
Tue Aug 06 2024
Carrier ablaze off Dutch coast carrying almost 500 electric cars

Carrier ablaze off Dutch coast carrying almost 500 electric cars

EV lithium-ion batteries burn twice the energy of normal fire, maritime officials and insurers say the industry has not kept up with risks.
Fri Jul 28 2023
Activists aggravate art insurers' climate headache

Activists aggravate art insurers' climate headache

Climate activists' attacks on some of the world's precious paintings have got insurers' worried about the threat to art from climate change.
Fri Nov 25 2022
Show us the money: Developing world at COP27 seeks financing details

Show us the money: Developing world at COP27 seeks financing details

Finance Day at COP27 puts focus on banks, investors, insurers.
Thu Nov 10 2022
Ever Given container ship begins exit from Suez Canal 106 days after getting stuck

Ever Given container ship begins exit from Suez Canal 106 days after getting stuck

The Ever Given, one of the world's largest container ships, resumed its journey to leave the Suez Canal, 106 days after becoming wedged across a southern section of the waterway for nearly a week.
Wed Jul 07 2021
As globe gallops into vaccine trials, insurers remain unfazed

As globe gallops into vaccine trials, insurers remain unfazed

Drugmakers around the world are competing to shatter the fastest time in history for developing a vaccine, which stands at around four years.
Mon Oct 12 2020
Insurers stepping up their game

Insurers stepping up their game

Allianz General Insurance Company Malaysias Road Warrior and Enhanced Road Warrior (ERW) is aiming to ease the inconvenience of road accidents for customers.
Mon Aug 28 2017
Kanye West sues tour insurers for $10 million over cancelled shows

Kanye West sues tour insurers for $10 million over cancelled shows

The lawsuit, which seeks a jury trial, says West has submitted evidence to prove his medical condition did not allow him to continue the tour.
Thu Aug 03 2017
Malaysia enforces cap on foreign ownership of insurers' local units - sources

Malaysia enforces cap on foreign ownership of insurers' local units - sources

Malaysia's central bank has asked foreign insurers to raise the proportion of local shareholders in their firms to at least 30%, under an initiative to lift domestic participation in the industry.
Fri Jun 23 2017
PIAM, members given a month to provide evidence on non-infringement of Competition Act

PIAM, members given a month to provide evidence on non-infringement of Competition Act

This is against the backdrop of the MyCC recently imposing a RM213.4 million penalty on PIAM and the 22 local general insurers for an "anti-competitive agreement".
Mon Mar 06 2017
Malaysia Islamic insurers go digital to attract younger audience

Malaysia Islamic insurers go digital to attract younger audience

Malaysias Islamic insurers are seeking to double policy holders in five years by investing more in digital technologies to attract a younger audience.
Fri Jun 19 2015
Self-driving cars vulnerable to cyberattack, experts warn

Self-driving cars vulnerable to cyberattack, experts warn

Hackers pose a real danger to self-driving vehicles, US experts are warning, and carmakers and insurers are starting to factor in the risk.
Tue Jun 02 2015
Insurers set aside $300 mln in provisions for Germanwings crash: Lufthansa

Insurers set aside $300 mln in provisions for Germanwings crash: Lufthansa

Insurers are setting aside $300 million in provisions for the Germanwings air crash in the French Alps that killed 150 people.
Tue Mar 31 2015
MH370: Insurers of flight MH370 brace for payout

MH370: Insurers of flight MH370 brace for payout

The consortium of insurers of Malaysia Airlines Flight 370 led by Allianz are bracing themselves for a huge payout.
Wed Mar 19 2014