7m ago
KUALA LUMPUR, June 26 (Bernama) — The government is considering introducing a basic insurance scheme to help reduce the impact of rising medical costs, which has become a growing concern among the public, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
7m ago
By K. Naveen Prabu
KUALA LUMPUR, June 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, influenced by declining soybean oil prices on the Chicago Board of Trade.
7m ago
KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.
7m ago
KUALA LUMPUR, June 16 (Bernama) -- Global credit rating agency, AM Best in its new report, has unveiled that Taiwan’s domestic non-life insurance premium continued to increase in 2024, growing 10.5 per cent to reach TWD 278.5 billion (US$9.2 billion). (US$1=RM4.23)
7m ago
KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.
8m ago
KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.
8m ago
KUALA LUMPUR, June 3 (Bernama) -- Cyberwrite has entered into a partnership with Samsung Fire & Marine Insurance (SFMI) to strengthen the insurer’s cyber insurance capabilities.
8m ago
KUALA LUMPUR, May 20 (Bernama) -- Life insurer Manulife Insurance Bhd has introduced a new medical plan, Manulife Health Saver Enrich (MHSE), aimed at providing end-to-end healthcare coverage from prevention to recovery.
8m ago
KUALA LUMPUR, May 19 (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 Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.
8m ago
KUALA LUMPUR, May 16 (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 PT Asuransi Tokio Marine Indonesia (TMI).
8m ago
KUALA LUMPUR, May 15 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has urged young Malaysians and first-time insurance buyers to take advantage of the i-MULA 50 starter pack while funds are still available, with only RM2.4 million remaining for eligible applicants nationwide.
8m ago
KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.