LPI Capital posts RM66.9mil earnings in 2Q
LPI Capital Bhd recorded a decline in net profit to RM66.86mil in the second quarter ended June 30, 2026 (2Q26) as compared to RM83.17mil in the year-ago quarter as the general insurance segment registered net fair value loss in its investments.
Insurance ownership not seen as trend for banks
The few deals made by banks recently to acquire insurance companies are not signalling a broad industry shift where banks own insurance companies, according to CIMB Securities.
Banks’ big insurance grab
Two deals worth a combined RM6.5bil in the space of just two days have sent a clear signal: Malaysian banks are tightening their grip on the country's multibillion ringgit insurance and takaful industry.
Allianz General launches anniversary customer rewards campaign
KUALA LUMPUR: Allianz General Insurance Company (Malaysia) Bhd has launched a customer rewards campaign in conjunction with its 25th anniversary, offering 250 prizes including limited-edition one-gram gold wafers and Shopee e-vouchers.
AIA, Hong Kong insurer shares tumble on tax collection risk
AIA Group Ltd., HSBC Holdings Plc and Standard Chartered Plc dropped at the open in Hong Kong trading after some Chinese cities targeted overseas insurance policies in their latest effort to boost tax revenues.
Mixed views on proposed Maybank Etiqa buyout
Market pundits are divided about Malayan Banking Bhd's (Maybank) plan to take full control of its insurance and takaful arm, Etiqa.
Financial market overhaul unveiled
Vietnam aims to expand its bond market to the equivalent of around 60% of gross domestic product (GDP) by 2045 and position the capital market as a key source of medium and long-term financing for the economy, under a recently approved sweeping financial market reform plan.
Another shot at safer roads
WILL risk-based motor insurance finally make Malaysian roads safer – or is it just another well-intentioned idea like the Kejara demerit points system?
Bank Negara plans to set up governance framework to keep MediAsas sustainable and affordable
KUALA LUMPUR: Bank Negara Malaysia (BNM) plans to set up a governance framework to ensure that MediAsas, Malaysia's base medical and health insurance and takaful (MHIT) product, remains affordable and sustainable over the long term amid rising healthcare costs.
Critical safety net
The Social Security Organisation's (Socso or Perkeso) Employment Injury Scheme for Non-Work Accidents, or Lindung 24 Jam, is sparking debate among Malaysian workers over whether they should remain in the scheme and whether private insurance is still necessary.
