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PETALING JAYA: The Federation of Malaysian Consumers Associations (Fomca) received more than 1,500 complaints regarding insurance companies last year, a number of them involving the substantial increase of medical insurance premiums.
LONDON (Reuters) - The local Tokyo Olympics organising committee is unlikely to get much of an insurance pay-out due to lost ticket sales from a ban on spectators, after using up much of its event cancellation policy on postponement costs last year, insurance sources say.
THE ongoing Covid-19 pandemic has certainly raised awareness on the importance of health and this has led to some people reviewing their existing health and medical insurance policies, while others take on new ones.
KUALA LUMPUR: Moody’s Investors Service has changed the outlook for the global life insurance sector to stable from negative for 2021.
PETALING JAYA: The MCA Civil Society Movement Bureau has set up a non-governmental organisation to seek justice for unfairly treated insurance claimants, says its chief Ng Kian Nam.
As Covid-19 figures continue to rise daily, there is mounting pressure on insurance companies to cover treatment costs. How will this pan out eventually?
AXA eCombo gives total protection from as low as RM71 online
PETALING JAYA: Analysts are mixed on Allianz Malaysia Bhd’s first quarter (Q1) ended March 31,2021 results which saw a 20% decline in earnings year-on-year (y-o-y) to RM63.26mil.
LONDON: When much of the global economy locked down last year, insurers, facing estimated losses of more than US$100bil (RM410bil) globally, reached straight for their red pens to strike pandemic cover from all new business policies.