KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.
KUALA LUMPUR, May 20 (Bernama) -- Life insurer Manulife Insurance Bhd has introduced a new medical plan, Manulife Health Saver Enrich (MHSE), aimed at providing end-to-end healthcare coverage from prevention to recovery.
KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI).
KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.
KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).
KUALA LUMPUR, May 5 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, continues to remain positive on Malaysia’s healthcare sector, forecasting a 6.0-8.0 per cent compound annual growth rate (CAGR) until 2030.
KUALA LUMPUR, May 2 (Bernama) -- The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s General Insurance (GI) industry remains on a steady growth path despite external uncertainties and inflationary costs, said the General Insurance Association of Malaysia (PIAM).
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia remained in negative territory at midday, pressured by continued selling in financial services and healthcare stocks, amid tensions between United States President Donald Trump and Federal Reserve Chair Jerome Powell.
KUALA LUMPUR, April 20 (Bernama) -- The gas explosion incident at Putra Heights, which destroyed scores of homes, serves as a stark reminder for homeowners to seriously consider insuring their houses as well as the contents inside their homes to mitigate losses from such unforeseen calamities.
KUALA LUMPUR, April 18 (Bernama) -- The ringgit strengthened against the US dollar at the opening on Friday, as the US Dollar Index (DXY) continued to hover below the 100-point mark amid persistent uncertainty over the US-China trade tensions.
