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June 30, 2015 12:36 AM ET

Insurance

Company Overview of AIG Malaysia Insurance Berhad

Company Overview

AIG Malaysia Insurance Berhad, an international insurance company, serves consumer and commercial clients worldwide. Its consumer insurance solutions include personal accident and medical insurance, personal property, extended warranty, and travel insurances. The company’s commercial insurance solutions comprise property, liabilities, engineering, personal accident and medical, marine, small and medium-sized enterprise, and corporate travel insurances. It offers its insurance services to businesses and individuals through a network of professional agents, brokers, and staff. AIG Malaysia Insurance Berhad was formerly known as Chartis Malaysia Insurance Berhad. The company was founded in 1953...

Level 18

Menara Worldwide

198 Jalan Bukit Bintang

Kuala Lumpur,  55100

Malaysia

Founded in 1953

Phone:

60 3 2118 0188

Fax:

60 3 2118 0288

Key Executives for AIG Malaysia Insurance Berhad

Chief Executive Officer
Senior Vice-President of Commercial Division and Deputy Chief Executive Officer
Executive Vice-President of Regional Commercial Division, Chartis Asia Pacific
Compensation as of Fiscal Year 2014.

AIG Malaysia Insurance Berhad Key Developments

AIG Malaysia Mulls Acquisitions

AIG Malaysia Insurance Berhad may look at acquisition opportunities. CEO Antony Lee told The Malaysian Reserve that the company does not rule out the possibility of mergers and acquisitions (M&As) if opportunities arise. He stated: "We are interested in M&A and we are ready to look at opportunities. M&A is like a marriage. We need to have both hearts willing to commit and have synergy together. If we could synergize both sides definitely we could commit to an investment." He stressed there is no immediate need for M&A now unless opportunity comes by.

AIG Malaysia Appoints Lee as New CEO

AIG Malaysia appointed Lee as new CEO. Since joining AIG in 2001, Lee has been instrumental in various operational disciplines including CEO of AIG's first Global Services Hub located in Malaysia and regional vice president of commercial and consumer businesses in the Asia Pacific Region. Prior to joining AIG Malaysia, Lee served as CEO of AIG Vietnam where his responsibilities included the development of one of AIG's growth countries in Asia Pacific.

AIG Malaysia Insurance Bhd Introduces AIG Injury Guard for Senior Citizens

AIG Malaysia Insurance Bhd has introduced a new insurance plan for those aged between 75 and 85 years old. The AIG Injury Guard offers a wide selection of plans catering to any budget with premiums starting from as low as 93 sen a day for a coverage of up to MYR 500,000. The insurance plan covers a broad scope of injuries, including broken bones, dislocation and inter-nal injuries, that standard personal accident insurance policies may not cover. AIG Injury Guard is a pure personal accident policy that differs from medical insurance policies, which cover hospitalisation for both accidents and illnesses.

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To contact AIG Malaysia Insurance Berhad, please visit www.aig.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

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