A new era for Malaysian insurance?

More: Grab adds EVs to its Indonesian fleet and Huawei has a strong H1 2024. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - How [a new license framework]( could shake up Malaysia’s insurance scene - Grab’s EV boost in Indonesia - Nvidia’s stunning financial rise in 9 charts - Other newsy highlights such as Huawei’s H1 2024 results --------------------------------------------------------------- Hello {NAME} As I get older and more conscious of the frailty of human existence, making sure that I’m covered in the event something unfortunate happens is becoming more important. Life insurance, hospitalization insurance, critical illness insurance, personal accident insurance, and even investment insurance plans - where you can grow your wealth and protect yourself at the same time - the list goes on. Living in Singapore, the sheer number of options available to me across different insurers can be quite mind-boggling. But being spoiled for choice is a happy problem, especially when so much of Southeast Asia is still underinsured. However, things are starting to change. In Malaysia, for one, a new digital insurance license framework could help increase insurance penetration in the country. My colleague Melissa goes deeper in today’s premium story. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Malaysian insurance is set for a shake-up]( Some 90% of Malaysians are underinsured. A new digital insurance framework could change that. --------------------------------------------------------------- TRENDING NEWS [Grab adds 1,000 EVs to Indonesia fleet]( These vehicles, which are mainly from Chinese EV maker BYD, will add to the around 10,000 EVs that the company already uses. [Huawei revenue up by a third in 2024]( The Chinese tech major has recorded US$58.6 billion in revenue for the first half of 2024, a 34% increase year on year. This marks continued growth for the company after the revival of its smartphone sales, which took a hit when it received sanctions from the US. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Nvidia’s stunning surge in 9 financial charts]( Revenue continued to surge for the US chip giant in its second fiscal quarter of 2025. --------------------------------------------------------------- YOU’LL NEED THESE STRATEGIES TO LEAPFROG YOUR COMPETITION  Rip up the old DevOps playbook and rewrite the rules Struggling with complex CI/CD pipelines or integrating DevSecOps? Push the boundaries with JFrog's Prasanna Raghavendra, who’ll be providing "cheat codes" to conquer the challenges of pipeline management and DevOps compliance. 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