In December 2024, Bank Negara Malaysia (BNM) issued interim measures on medical and health insurance/Takaful (MHIT) business to assist policyholders who may be experiencing premium revisions of their MHIT products. In this e-Alert, we discuss medical inflation in Malaysia, the interim measures introduced by BNM, and implications to Malaysian insurance companies and Takaful operators.
Asia e-alert
Malaysia: Interim measures on medical and health insurance Takaful (MHIT) products
ByFarzana Ismail, and Hana Ghazali
7 March 2025