2025: Motor Losses, Climate Risks, Digital Shifts Shape General Insurance Landscape

By K. Naveen Prabu

KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia’s general insurance sector ends 2025 with resilience and underlying fragility.

Vietnam’s Bao Minh Insurance Credit Ratings Affirmed By AM Best

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).

AM Best Affirms Excellent Ratings For Bermuda’s NEWGT Reinsurance

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).

AM Best Affirms Mongolian Re Credit Ratings

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).

AM Best Affirms Excellent Ratings For Hong Kong’s China Taiping Insurance

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.

Basic Medical And Health Insurance Introduced In 2027 To Be A Standalone Product -- MoF

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).

Five Digital Banks Now Operational, With RM3.1 Bln In Deposits As At Sept 2025 - 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).

Malaysia Brand Day 2026 Set To Showcase Homegrown Brands

KUALA LUMPUR, Dec 2 (Bernama) -- The inaugural Malaysia Brand Day 2026 is poised to be a key platform for attracting foreign investors and facilitating funding opportunities for Malaysian homegrown brands, said its organiser Brand Day (M) Sdn Bhd.

AM Best: Hong Kong Fire To Hit Reinsurers, Pressure Property Treaty Terms

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.

E&O Launches Clubhouse, Commercial Precint In City Of Elmina

KUALA LUMPUR, Nov 28 (Bernama) -- Property developer Eastern & Oriental Bhd (E&O) has unveiled its first clubhouse and commercial precinct in the City of Elmina, Sungai Buloh.

ORA Developers To Debut At Shanghai Luxury Property Showcase Next Month

KUALA LUMPUR, Nov 28 (Bernama) -- ORA Developers, a global leader in visionary real estate and lifestyle destinations, will make its debut at the Luxury Property Showcase (LPS) in Shanghai from Dec 5 to 7.

Sabah-Based Life Water Eyes Sales Boost Ahead Of Visit Malaysia 2026

KUALA LUMPUR, Nov 26 (Bernama) -- Sabah beverage manufacturer Life Water Bhd expects stronger demand from the state’s tourism sector ahead of Visit Malaysia 2026, supported by rising arrivals and steady consumption from hotels and retail outlets.