Malaysia’s Tune Protect Re Credit Ratings Affirmed By AM Best

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).

AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance

KUALA LUMPUR, Dec 12 (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 China’s Qianhai Reinsurance Co Ltd (QHR).

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).

Malaysia's Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best

KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

Abu Dhabi Launches FIDA Cluster To Drive Future Finance

KUALA LUMPUR, Dec 11 (Bernama) -- Abu Dhabi has unveiled the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster, a major new initiative aimed at accelerating next-generation financial innovation and strengthening the emirate’s role as a global capital hub.

AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

Southern Score Subsidiary Wins RM87.8 Mln data Centre Sub-contract

KUALA LUMPUR, Dec 9 (Bernama) -- Southern Score Builders Bhd announced that its 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd, today accepted a letter of award (LoA) from a local construction company to undertake sub-contract works for a data centre project worth RM87.8 million.

ASEAN Companies Need Clear Goals, Strategies To Gain From AI - AWS

LAS VEGAS, Dec 5 (Bernama) -- Companies in ASEAN, including Malaysia, must focus on clear business goals, workforce skills and strong leadership to fully benefit from artificial intelligence (AI) and cloud technologies.

Bursa Malaysia Softens At Midday Amid Profit-taking

KUALA LUMPUR, Dec 8 (Bernama) -- Bursa Malaysia ended the morning session lower today as profit-taking activities set in despite Wall Street’s positive close last Friday.

Bursa Malaysia Softer On Opening Due To Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 8 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by spillover profit-taking from last week despite Wall Street closing higher last Friday.

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).