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Rakyat Post
30-07-2025
- Health
- Rakyat Post
Manulife Malaysia Champions A New Era Of Health Protection From Coverage To Care
Subscribe to our FREE As Malaysians face rising health risks and costs, the need for stronger, more proactive health protection has never been clearer. The Asia Care Survey 2024 conducted by Manulife highlights that 45% of Malaysians worry about cancer as a This is why health protection today must go beyond paying for emergencies. Manulife has taken a people-first holistic approach to health that includes prevention, early diagnosis, and long-term support. This commitment is reflected in Manulife's growing range of health solutions, including Manulife Health Saver Enrich (MHSE) and Beyond Critical Cover, developed to support Malaysians at every stage of care and aims to help Malaysians live longer, healthier lives while easing the financial burden of serious illnesses. Manulife Malaysia & Cancer Research Malaysia (CRMY) Media Meet Session Group Photo. 'At Manulife, we see health insurance as a partnership that empowers people to take control of their well-being. We're making health protection simpler, more proactive, and better aligned with real-life needs,' said Vibha Coburn, Chief Executive Officer of Manulife Malaysia. This vision aligns closely with the mission of Cancer Research Malaysia (CRMY), which focuses on early prevention, timely diagnosis, effective treatment, and recovery. Together, Manulife's practical and flexible solutions and CRMY's cutting-edge research address what truly matters: affordability, accessibility, and the freedom to protect families in an ever-changing world. The Manulife Health Saver Enrich (MHSE) is a prime example of this new approach. As an award-winning solution, MHSE goes beyond standard hospitalisation coverage to support the full health journey, offering practical benefits such as coverage for essential vaccinations, mental wellness, and generous post-hospitalisation recovery support of up to 365 days. Importantly, MHSE also provides post-cancer follow-up care for up to five years after remission, helping monitor for recurrence and manage ongoing needs. Marilyn Wang, Chief Marketing Officer of Manulife Malaysia Vishala Sivapalan, Science Advocate & Communicator of Cancer Research Malaysia To encourage healthy living, MHSE rewards customers with a no-claims discount of up to 40% on insurance charges for every claim-free year. Families benefit from an annual limit of RM20 million, with the flexibility to cover a spouse and up to five children under a single policy, plus a special family discount for added affordability. To help customers prepare for what they fear most, Manulife's Beyond Critical Cover (BCC) series protects against 48 critical illnesses, including cancer, a major source of worry for many Malaysians. Its BCC Booster feature automatically increases coverage by 5% every year, helping policyholders keep up with medical inflation and rising treatment costs. With additional payouts for ICU admissions and long-term hospitalisation, BCC helps bridge financial gaps so families can focus on what matters most: recovery. 'MHSE and BCC are more than just insurance plans—they're about helping Malaysians stay ahead of health risks. We support prevention, rewarding healthy habits, and ensuring families are protected across generations,' said Marilyn Wang, Chief Marketing Officer of Manulife Malaysia. For more information about MHSE, BCC, and how Manulife is transforming health protection for you and your family, please visit the official website (L-R) Andy Khoo, Chief Executive Officer of Cancer Research Malaysia, Marilyn Wang, Chief Marketing Officer of Manulife Malaysia. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.


The Star
25-06-2025
- Business
- The Star
Manulife remains committed to continued growth
Vibha Cobun, group CEO of Manulife Holdings. PETALING JAYA: Manulife Holdings Bhd (MHB) reported a year of growth and progress at its AGM, underscoring its commitment to sustainable growth. In 2024, MHB reported an increase in profit before tax to RM185.4mil, supported by strong business fundamentals. Manulife Investment Management also saw its assets under management (AUM) grow 18% year-on-year (y-o-y) to RM17.2bil as of end of 2024. It said AUM's growth surpassed the industry average for equity and fixed income funds, strengthening its position in the retail investment market. Manulife Insurance Bhd, the insurance business of MHB, saw bancassurance growth in 2024, with a 48% y-o-y increase in annual premium equivalent (APE). The high-networth segment, through its Manulife Insurance Labuan Limited business, experienced 50% growth in APE, driven by the launch of Malaysia's first US dollar indexed Universal Life product. 'Our achievements in 2024 are testament to our unwavering commitment to excellence and innovation. We have successfully scaled up our operations, expanded our product offerings, and enhanced our customer experience. 'I am incredibly proud of our team's dedication and focus, which have been instrumental in driving our growth and success. 'As we look ahead to 2025, we remain focused on raising the game for sustainable growth and profitability,' said MHB group CEO Vibha Coburn. MHB also continued to invest in sustainability and community initiatives building from Manulife 's Impact Agenda, including biodiversity projects in Perlis, urban clean-ups, the Terry Fox Run, and recycling campaigns.


The Sun
25-06-2025
- Business
- The Sun
Manulife to up its game this year after strong 2024
KUALA LUMPUR: In 2024, Manulife Holdings Bhd (MHB) achieved a rise in its profit before tax (PBT) to RM185.4 million, supported by strong business fundamentals. Manulife Investment Management (MIM) also saw its assets under management grow by 18% year-over-year to RM17.2 billion as of end of 2024, surpassing the industry average for equity and fixed income funds, strengthening its position in the retail investment market. Manulife Insurance Bhd (MIB), the insurance business of MHB, saw growth in its bancassurance in 2024, with a 48% rise year-over-year in annual premium equivalent. The high-net-worth segment, through its Manulife Insurance Labuan Ltd (MILL) business experienced a 50% growth in APE, driven by the launch of Malaysia's first USD Indexed Universal Life product. 'Our achievements in 2024 are a testament to our unwavering commitment to excellence and innovation. We have successfully scaled up our operations, expanded our product offerings, and enhanced our customer experience. I am incredibly proud of our team's dedication and focus, which have been instrumental in driving our growth and success. 'As we look ahead to 2025, we remain focused on raising the game for sustainable growth and profitability,' said MHB group CEO Vibha Coburn. MHB also continued to invest in sustainability and community initiatives building from Manulife's Impact Agenda, including biodiversity projects in Perlis, urban clean-ups, the Terry Fox Run, and recycling campaigns. The company also reported a 46% increase in volunteer hours and aligned its climate risk governance with Bank Negara Malaysia's Climate Risk Management and Scenario Analysis policy. 'We are not merely growing; we are growing with a clear purpose,' Vibha said, adding that as they progress. Looking ahead to 2025, MHB aims to focus on operational excellence, employee engagement, sustainability through Manulife's Impact Agenda, and enhancing customer experience. The theme for 2025 is 'Raise the Game,' reflecting the company's commitment to sustainable growth and profitability.


New Straits Times
25-06-2025
- Business
- New Straits Times
Manulife AUM hits RM17.2bil in 2024, beats industry average
KUALA LUMPUR: Manulife Holdings Bhd (MHB) recorded an 18 per cent year-on-year (YoY) increase in assets under management (AUM) to RM17.2 billion in the financial year 2024, surpassing the industry average for both equity and fixed income funds. The growth reinforces the group's position as a key player in Malaysia's retail investment market. In a statement, MHB said it delivered solid earnings, driven by strong business fundamentals and increased contributions from its insurance and investment divisions. Its insurance subsidiary, Manulife Insurance Bhd (MIB), posted a robust 48 per cent YoY growth in annual premium equivalent (APE) from its bancassurance business, underpinned by rising demand and a strengthened distribution network. The company's high-net-worth business, managed through Manulife Insurance Labuan Limited posted a 50 per cent jump in APE, supported by the introduction of Malaysia's first USD Indexed Universal Life product. MHB group chief executive officer Vibha Coburn said the achievements in 2024 have scaled up the group operations, product offerings and enhanced customer experience. "I am incredibly proud of our team's dedication and focus, which have been instrumental in driving our growth and success. As we look ahead to 2025, we remain focused on raising the game for sustainable growth and profitability," she said. She also highlighted MHB strengthened its sustainability agenda through biodiversity projects in Perlis, urban clean-ups, the Terry Fox Run, and recycling initiatives. MHB reported a 46 per cent increase in volunteer hours and aligned its climate governance with Bank Negara Malaysia's Climate Risk Management and Scenario Analysis policy. Looking ahead, the group will focus on operational excellence, employee engagement, and enhancing customer experience. "We are not merely growing; we are growing with a clear purpose. As we progress, we remain dedicated to supporting Malaysians in leading better and healthier lives," said Vibha.