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There are 270 news based on search keyword "insurance"

Thailand’s Non-life Insurance Market Rebounds With Strong Profits In 2023, Says AM Best

KUALA LUMPUR, March 3 (Bernama) -- Thailand’s non-life insurance market made a strong recovery in 2023, posting an underwriting gain of 13.0 billion Thai baht following a net underwriting loss of 50.7 billion Thai baht in 2022, according to a new AM Best report. (100 Thai baht = RM13.02)

Pacific Prime CXA Wins Top IDP Broking Firm 2024 Award 

KUALA LUMPUR, Feb 27 (Bernama) -- Pacific Prime CXA has been honoured with the prestigious Top IDP Broking Firm 2024 award at the Chubb Lunar New Year 2025 celebration held recently at the Orchard Hotel, Singapore.

Maybank's Net Profit Surpasses RM10 Bln In FY2024, Revenue Hits RM68.94 Bln

KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.

In-depth Study To Be Conducted To Consider Feasibility Of Detailed Reporting Of Insurance Policy Profit And Loss

KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.

Malaysia’s January 2025 Inflation Remains At 1.7 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s inflation rate remained at 1.7 per cent in January 2025, with the index points standing at 133.6 points compared to 131.4 points in the same month last year, according to the Department of Statistics Malaysia (DOSM).

Subsidy Proposal For Basic MHIT Products Needs In-Depth Study - Lim Hui Ying

KUALA LUMPUR, Feb 20 (Bernama) -- The proposal for the implementation of subsidies for the development of basic medical and health insurance and takaful (MHIT) products requires in-depth studies, including the long term impact on overall healthcare costs, said Deputy Finance Minister Lim Hui Ying.

AmBank Group’s 3Q Net Profit Falls To RM486.49 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.  

Sun Life Malaysia Appoints Noor Azam Mohd Yusof As CEO Of Takaful Unit

KUALA LUMPUR, Feb 19 (Bernama) -- Sun Life Malaysia has appointed Noor Azam Mohd Yusof as the chief executive officer of Sun Life Malaysia Takaful Bhd (SLMT), effective Feb 3, 2025.

The Dai-ichi Life Insurance Company Scores Superior Credit Ratings - AM Best

KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).

LPI Capital Shares Flat In Early Trade Despite Robust FY2024 Performance

KUALA LUMPUR, Feb 17 (Bernama) -- LPI Capital Bhd’s shares on Bursa Malaysia were flat in early trade today despite recording robust performance for its financial year ended Dec 31, 2024 (FY2024).

MNRB Appoints Former AmBank Group CEO Sulaiman As New Chairman

KUALA LUMPUR, Feb 14 (Bernama) -- MNRB Holdings Bhd (MNRB) has appointed former AmBank Group chief executive officer, Datuk Sulaiman Mohd Tahir as its new non-independent and non-executive chairman, effective today.