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There are 419 news based on search keyword "insurance"

LIAM CEO Mark O’Dell Honoured With Lifetime Achievement Award

KUALA LUMPUR, Nov 28 (Bernama) -- Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell has been awarded the prestigious Lifetime Achievement Award at the 28th Asia Insurance Industry Awards 2024. 

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.

Bayan Baru MP Calls On BNM To Review 'Excessive' Insurance Premium Hikes

KUALA LUMPUR, Nov 27 (Bernama) -- Bank Negara Malaysia (BNM) has been asked to investigate and review the “excessive” increase in insurance premiums.

Blackstone, Santander Finalise US$1 Bln Infrastructure Loan Portfolio Deal

KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)

MoF, BNM Mulling Extension Of mySalam Scheme - Amir Hamzah

KUALA LUMPUR, 26 Nov (Bernama) -- The Ministry of Finance (MoF) and Bank Negara Malaysia (BNM) are looking at the possibility of extending the implementation of the mySalam scheme for two more years.

Maybank's Net Profit Rises 7.6 Pct To RM2.54 Bln In 3Q 2024

KUALA LUMPUR, Nov 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit rose by 7.6 per cent to RM2.54 billion in the third quarter ended Sept 30, 2024, compared with RM2.36 billion in the same period last year.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings

KUALA LUMPUR, Nov 25 (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 South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).

MNRB Appoints Rudy Rodzila As Interim President And Group CEO

KUALA LUMPUR, Nov 22 (Bernama) -- MNRB Holdings Bhd has appointed Datuk Rudy Rodzila Che Lamin as its interim president and group chief executive officer (CEO), effective Nov 23, 2024. 

Outlook For DUAE Segment Remains Positive Despite Capacity Challenges, Says AM Best

KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.

Malaysia's Inflation At 1.9 Pct In Oct 2024 - DOSM

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).

Bank Rakyat Issues Inaugural RM500 Mln ASEAN Sustainability SRI Sukuk

KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.