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KUALA LUMPUR, Dec 10 (Bernama) -- Virtue Trustee Bhd (VTB) has launched a comprehensive suite of trustee, Islamic trust, and legacy-planning solutions, aimed at providing professional, secure and transparent wealth protection for all Malaysians, fully aligned with the national MADANI framework’s core values.
KUALA LUMPUR, Dec 9 (Bernama) -- A sharp acceleration in global wealth migration in 2025 is colliding with rapidly diverging private healthcare costs worldwide, making the availability and price of reliable private care a key factor for high-net-worth families deciding where to live, invest, or secure residence and citizenship.
By K. Naveen Prabu
KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia’s general insurance sector ends 2025 with resilience and underlying fragility.
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) -- Pace, the agentic workforce for insurance, has been chosen by Prudential’s Individual Life Insurance (ILI) business to help simplify and improve its service delivery.
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).
KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Dec 2 (Bernama) -- Global credit rating agency, AM Best expects a significant share of losses from the deadly Hong Kong apartment fire to flow to reinsurers—a shift that could halt downward pressure on Hong Kong property reinsurance rates despite a globally softening market.
KUALA LUMPUR, Dec 1 Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today launched its first battery electric vehicle (EV), the QV-E, priced at RM80,000 (without insurance and excluding the battery), as part of its effort to develop a sustainable EV ecosystem.
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.
