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Zurich Malaysia extends urgent support to Selayang Hospital for ventilator purchase

Kuala Lumpur, March 24, 2020

Kuala Lumpur, 24 March 2020 – Zurich Malaysia (Zurich) today channeled RM160,000 to Selayang Hospital for the purchase of medical ventilators urgently needed to help the hospital supplement its current capacity to treat patients in this challenging time.

The funds are channeled from the surplus pool of its general takaful business - Zurich General Takaful Malaysia Berhad (Zurich General Takaful). It is part of the company’s process to contribute a cumulative amount arising from excess in the Tabarru’ Fund on behalf of the participants to philanthropic or life-saving causes.

Zurich General Takaful Chief Executive Officer Nazrul Hisham said, “Zurich is committed to the wellbeing of Malaysians through both good and challenging times. In view of the current situation, we decided to contribute to the Malaysian healthcare sector when we were made aware of the shortage of essential healthcare equipment. Zurich General Takaful was able to secure and expedite the disbursement of our surplus funds with the swift support from our Board Chairman and Directors.”

“Our healthcare workers on the front lines have been and are still working very hard to contain and overcome this pandemic. We hope more can step in to play a part while conscientious citizens ease their work by adhering to the Movement Control Order to stay at home. We believe that when corporates and citizens cooperate with the public sector in times of need, we can help ease the burden on public healthcare. As aptly captured by the Malay saying, ‘Berat sama dipikul, ringan sama dijinjing’,” he added.

 

 

 

Zurich Insurance Group

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com

Zurich Malaysia

Zurich Malaysia is a collective reference term for the Zurich Insurance Group (Zurich) business subsidiaries operating in Malaysia: Zurich General Insurance Malaysia Berhad, Zurich Life Insurance Malaysia Berhad, Zurich General Takaful Malaysia Berhad and Zurich Takaful Malaysia Berhad. Zurich Malaysia offers a broad range of comprehensive insurance and takaful solutions; helping individuals as well as business owners understand and protect themselves, their businesses and their assets from risk. Zurich Malaysia has an integrated branch network across 40 locations as well as dedicated agency and distribution channels nationwide to serve the needs of its customers. For further information on Zurich Malaysia, visit www.zurich.com.my

Zurich General Takaful Malaysia Berhad

Zurich General Takaful Malaysia Berhad (ZGTMB) is one of Malaysia’s leading general takaful operators. It is a member of Zurich Insurance Group and the sole provider of shariah-compliant general takaful products within Zurich. With more than a decade of Takaful market expertise, ZGTMB offers an extensive range of general takaful solutions spanning motor, travel, property, financial and personal lines, small to medium enterprises as well as large industrial risks. Together with its dedicated employees, agency force, distributors and partners, supported by its nationwide branch network, ZGTMB is committed to help its customers understand and protect their valuable assets and businesses from risks. For further information about ZGTMB, visit www.zurich.com.my