What this blog is about?

Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

Reproduction: You may reproduce materials published here provided that the source (actuaries.com.my/insurance-news) is properly acknowledged.

AIG provides Firefly travel insurance cover 

AIG has teamed up with Firefly to offer travel insurance. The partnership will run for 3 years until 2018. http://j.mp/TAS1500624a

Posted by Loo Hai Wednesday, June 24, 2015 8:23:00 PM Categories: AIG Product
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Allianz launched products for PWDs 

Allianz launched a new YRT plan, Allianz Ability Life, targeting persons with disabilities (PWDs).  2 existing products, viz. Allianz Care Individual and Allianz Individual Personal Accident, have also been extended to PWDs. http://j.mp/TAS1500622b

Posted by Loo Hai Monday, June 22, 2015 8:54:00 PM Categories: Allianz Product
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SSPN-i Plus launched 

A new comprehensive takaful scheme has been packaged with SSPN-i and launched today. The package, SSPN-i Plus, provides coverage for natural and accidental death, critical illnesses, disablement and hospitalisation.. http://j.mp/TAS1500608a

Monday, June 8, 2015 6:23:00 PM Categories: Product
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Singapore launches portal for life insurance comparisons 

Singapore launched its first web portal that allows consumers to compare life insurance products of different companies. The portal is a joint effort by the Consumers Association of Singapore, the Monetary Authority of Singapore, the Life Insurance Association of Singapore and MoneySENSE. Consumers can compare features such as premium, guaranteed death benefit, and the surrender values at different years. Life insurance companies also start selling direct purchase insurance. These are simple life insurance products sold without commissions and financial advice. http://j.mp/TAS150407a

Tuesday, April 7, 2015 8:55:00 PM Categories: MAS Nice2Know Product
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AmG launched Perfect Rider Plus 

AmG has launched Perfect Rider Plus, the enhanced version of its previous Perfect Rider plan and aims to secure 20,000 policy holders with targeted premium of RM10 mil. http://bit.ly/TAS150209a

Monday, February 9, 2015 3:52:00 PM Categories: AmG Product
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Couple alleged misled by agent 

A couple has alleged that they were misled by their agent into buying 3-generation policies. The policies are supposed to provide protection that covers 3 generations but they found out that the premiums are instead to be paid by 3 generations! http://bit.ly/TAS150205c

Thursday, February 5, 2015 6:09:00 PM Categories: Mis-selling Product
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AmMetLife launches WealthSecureMax 

AmMetLife has launched a bancassurance protection product with refund of premiums at maturity. The product named WealthSecureMax provides protection of 6 times the initial sum assured. Entry age ranges from 30 days to 55 years. http://bit.ly/TAS141107b

Friday, November 7, 2014 5:08:00 PM Categories: AmMetLife Product
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