Motor & Fleet

Ministry to penalise Bigmotor over fraud allegations

Ministry to penalise Bigmotor over fraud allegations

Sompo may also be facing penalties

Kenneth Araullo Oct 14, 2023
Independent panel slams Sompo’s “inappropriate” actions in Bigmotor case

Independent panel slams Sompo’s “inappropriate” actions in Bigmotor case

Company's actions were "too hasty"

Bigmotor only the tip of the iceberg as another insurance fraud report surfaces

Bigmotor only the tip of the iceberg as another insurance fraud report surfaces

A whistleblower revealed documents pertaining to illicit acts

Over 30% of Bigmotor insurance claims suspected of fraud – report

Over 30% of Bigmotor insurance claims suspected of fraud – report

Four nonlife companies are currently investigating some 200,000 claims filed by the car dealer

Allianz Malaysia adds three more products to Rahmah initiative

Allianz Malaysia adds three more products to Rahmah initiative

These bring the insurer's offerings to five under the scheme

FSA begins on-site searches at Bigmotor, Sompo Japan offices

FSA begins on-site searches at Bigmotor, Sompo Japan offices

Investigation could take months, officials say

FSA gearing up for Sompo, Bigmotor on-site inspections

FSA gearing up for Sompo, Bigmotor on-site inspections

Expect strict response if any problems are found, minister says

How resilient are Asia's transportation and logistics sectors?

How resilient are Asia's transportation and logistics sectors?

New report examines five major countries in the region

Igloo expands Thailand operations with key appointment

Igloo expands Thailand operations with key appointment

The company has also revealed a new collaboration

IB TALK

Global Weekly News Roundup July 03-07, 2023

Tune in to all the latest news including market continues recalibration at mid-year renewals

Global Weekly News Roundup June 26-30, 2023

Tune in to all the latest news including Fitch reveals global insurance outlook

Global Weekly News Roundup June 19-23, 2023

Catch up on all the latest news including global protection gaps widening

Keep up with the latest news and events

Join our mailing list, it’s free!