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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.
KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).
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.
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.
KUALA LUMPUR, May 16 (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) of New Zealand’s Pinnacle Life Limited (Pinnacle Life).
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).
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.
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
KUALA LUMPUR, May 9 (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 Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s General Insurance (GI) industry remains on a steady growth path despite external uncertainties and inflationary costs, said the General Insurance Association of Malaysia (PIAM).
