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Malaysia ranked sixth in the world in vehicle theft; Proton Wira the most stolen car, Hilux second

Malaysia ranked sixth in the world in vehicle theft; Proton Wira the most stolen car, Hilux second
25 August 2016 12:36 pm / 60 comments
Surprised, but not surprising somehow. Malaysia was ranked sixth in the world for auto theft last year, according to
The Star, although no detailed stats were given.
General Insurance Association of Malaysia (PIAM)’s CEO Mark Lim said that an average of 60 vehicles get stolen everyday in Malaysia, and for the first half of 2016, the industry incurred claims amounting to RM2.41 billion.
“This equates to a staggering RM13.2 million per day payout in motor claims for property damage, bodily injury and vehicle theft,” he said, adding however that there had been a drop in cases for the first half of 2016. ....

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Vehicle thefts in Malaysia down by 37% in 2020 - 7,400 cases reported last year compared to 11,675 in 2019

7 April 2021 12:42 pm / 5 comments
The lack of movement that came with the control orders last year may have had something to do with it, but whatever it was, fewer vehicles were reported stolen last year compared to 2019,
According to the Vehicle Theft Reduction Council of Malaysia (VTREC), an average of 20 vehicles were reported stolen on a daily basis in 2020, down from an average of 32 vehicles the year before, which represented a 37% reduction in cases.
The council’s coordinator, Mas Tina Abdul Hamid, said 7,400 cases were reported last year compared to 11,675 cases in 2019. “According to statistics from Insurance Services Malaysia, 3,993 motorcycles, 2,981 private cars and 426 commercial vehicles were stolen last year,” she said during the soft launch of this year’s Vehicle Theft Public Awareness Campaign yesterday. ....

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Malaysia's Top 10 Most Stolen Cars In 2020, No 1 Might Be A Surprise.. Or Not

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Here’s the unfortunate reality of being a car owner in Malaysia, there’s always that niggling fear in the back of your mind that one day your car might get stolen. In fact, our country even had the dubious honour in 2016 of being one of the top 10 countries in the world with the highest number of vehicle thefts.
But, wait! There’s some good news this year – somewhat
The total number of vehicle thefts has reduced by 37% in 2020, with 7,400 cases reported last year compared to 11,675 cases in 2019 reported The Star.
According to the Vehicle Theft Reduction Council of Malaysia (VTREC), an average of 20 cars were reported stolen daily in 2020, a 37% decrease from 2019. ....

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Covid-19: Insurance players in talks with MoH, BNM on easing patients' expenses

The insurance industry is currently in talks with the Ministry of Health and Bank Negara Malaysia to explore ways insurers and takaful operators can help ease some expenses of patients amid the current pandemic. ....

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12 banks come to the aid of flood victims | Daily Express Online - Sabah's Leading News Portal

Published on: Saturday, January 16, 2021
By: Bernama
Text Size:
Kuala Lumpur: Twelve banks have responded to the national call for moratorium assistance and flood aid relief, especially for those affected by the current flood situation.
Since Monday, Affin Bank Bhd, RHB Bank Bhd, Public Bank Bhd, Malayan Bank Bhd, Bank Simpanan Nasional Bhd, Bank Muamalat Malaysia Bhd, CIMB Bank Bhd, Bank Islam Malaysia Bhd, Alliance Bank Malaysia Bhd, Hong Leong Bank Bhd, SME Bank Bhd, and OCBC Bank Bhd have rendered financial assistance to customers affected by the floods, with the number of evacuees reaching 48,000.
The 12 banks are offering loan moratorium for up to six months, with some providing deferment of loan instalment and waiver of late payment charges. ....

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