KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).
KUALA LUMPUR, Dec 5 (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 Bermuda’s NEWGT Reinsurance Company Ltd (NEWGT).
KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).
KUALA LUMPUR, Dec 5 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s China Taiping Insurance (HK) Company Limited [CTPI (HK)] financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).
KUALA LUMPUR, Nov 30 (Bernama) -- Malaysia Airlines Bhd has resumed its direct flights from KL International Airport (KUL) to Brisbane Airport (BNE), with the inaugural flight MH135 departing Kuala Lumpur on Nov 29, reinstating this key connection to meet growing travel demand.
KUALA LUMPUR, Nov 30 (Bernama) -- AirAsia Aviation Group has completed the required software rollback on its operational A320 Family, in full compliance with the Emergency Airworthiness Directive (AD) issued by the European Union Aviation Safety Agency (EASA) following an Alert Operators Transmission from Airbus.
KUALA LUMPUR, Nov 28 (Bernama) -- Abu Dhabi’s Modon Holding (Modon) has expanded its global luxury lifestyle portfolio through a strategic investment in United States (US)-based Wellington Lifestyle Partners (WLP).
KUALA LUMPUR, Nov 26 (Bernama) -- AM Best’s benchmarking analysis of its rated Asia-Pacific (APAC) insurance companies shows that while mature markets continue to anchor rating strength and capital adequacy, emerging markets have maintained growth and profitability despite greater volatility, reinforcing the region’s overall structural resilience.
KUALA LUMPUR, Nov 25 (Bernama) -- ASEAN+3 economies are showing stronger-than-expected resilience amid global fragmentation, with Malaysia among the strongest performers as growth, inflation, and domestic demand remain broadly stable, Bank Negara Malaysia (BNM) Deputy Governor Datuk Marzunisham Omar said.
PETALING JAYA, Nov 25 (Bernama) -- The government is urging industries to fast-track their shift to artificial intelligence (AI)-driven business models, stressing that the next five years will be critical as the nation moves towards its 2030 goal.
