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Malaysia
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know AmGeneral Insurance Berhad
Company Information
Get to know AmGeneral Insurance Berhad
AmGeneral Insurance Berhad has been a leading general insurance provider in Malaysia for over 50 years. Formerly a joint venture between AmBank Group and Insurance Australia Group (IAG), the company was well-known for underwriting a diverse range of general insurance products for individuals and businesses through its respected brands, Kurnia and AmAssurance. In July 2023, AmGeneral was acquired by Liberty Insurance Berhad. This acquisition has positioned the combined entity as a leading force in the Malaysian insurance market, particularly in motor insurance, while continuing to serve customers through the established AmAssurance and Kurnia brands alongside Liberty's own offerings.
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