17d ago
KUALA LUMPUR, Jan 16 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on India’s non-life insurance segment at stable, citing supportive macroeconomic conditions and sustained insurance demand driven by regulatory initiatives and reforms.
19d ago
KUALA LUMPUR, Jan 14 (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 of aaa.VN (Exceptional) of Vietnam’s Post-Telecommunication Joint Stock Insurance Corporation (PTI).
20d ago
KUALA LUMPUR, Jan 13 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has promoted David Lee to Global Chief Human Resources Officer (CHRO), based in Boston, succeeding Kim Briones, who is retiring from her full-time role.
20d ago
KUALA LUMPUR, Jan 13 (Bernama) -- The investment required for the Organisation of Islamic Cooperation (OIC) countries to pursue low-carbon strategies averages 1.4 per cent of gross domestic product (GDP) and rises to over 5.0 per cent for low-income members, Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid said today.
20d ago
KUALA LUMPUR, Jan 13 (Bernama) -- Great American Insurance Group has appointed Nattakorn (Natt) Wattanaumphaipong as Senior Director, Technical Underwriting for the Singapore Branch of its flagship insurer, Great American Insurance Company.
1m ago
KUALA LUMPUR, Jan 2 (Bernama) -- Singapore’s economy grew by 5.7 per cent on a year-on-year (y-o-y) basis in the fourth quarter of 2025 (4Q 2025), extending the 4.3 per cent growth in the previous quarter, according to advance estimates from the republic’s Ministry of Trade and Industry (MTI).
1m ago
KUALA LUMPUR, Dec 31 (Bernama) -- Bank Negara Malaysia announced the reappointment of Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC) for a three-year term, effective Jan 1, 2026.
1m ago
LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.
1m ago
KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).
1m ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian Reinsurance Bhd (Malaysian Re) has released the ninth edition of its annual research publication, ASEAN Insurance Pulse 2025.
1m ago
KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.
1m ago
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.