Motor, Fire Segments Fuel Growth In Malaysia’s General Insurance Industry - PIAM

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s general insurance industry grew 4.0 per cent year-on-year in the first half of 2025 (1H 2025), with gross written premiums (GWP) rising to RM12.3 billion from RM11.8 billion, driven mainly by the motor and fire segments, according to the General Insurance Association of Malaysia (PIAM).

Singapore's MS First Capital Insurance Credit Ratings Upgraded By AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).

LIAM Seeks Higher Combined Tax Relief In Budget 2026

KUALA LUMPUR, Oct 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) is calling for higher combined tax relief for education, medical, and health insurance, raising the limit from RM4,000 to RM6,000 under the upcoming Budget 2026.

Protecting Malaysia’s Marine Ecosystems Safeguards Nation's Economy

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 7 (Bernama) -- Protecting Malaysia’s marine ecosystems is not only an environmental imperative but also a form of economic insurance that supports fisheries, tourism and coastal infrastructure, a conservationist said.

MBSB IB Joint Lead Arranger In RM4.8 Bln Financing To Drive Weststar’s Aviation Expansion

SUBANG, Oct 3 (Bernama) -- The Weststar Group and MBSB Bank Bhd (MBSB) have formalised a strategic collaboration through a RM1.3 billion Islamic financing facility, which will drive Weststar’s aviation expansion. 

Insurance, Takaful Industry Record Improvement In Service Excellence In 2024

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian insurance and takaful industry has recorded an improvement in service excellence, with the latest Customer Satisfaction Index (CSI) reaching a commendable 88 points in 2024.

Lower-income Malaysians Making Financial Progress, 55 Pct Start Retirement Planning In 2025 - Ringgitplus

PETALING JAYA, Oct 1 (Bernama) -- Financial comparison platform RinggitPlus has reported encouraging progress among lower-income Malaysians, with a growing proportion of respondents taking steps towards achieving long-term financial security.

AM Best Assigns Excellent Ratings To Samsung P/C China

KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.

Finance Minister II Briefed On Labuan IBFC’s Strategic Development

By Jailani Hasan

LABUAN, Sept 29 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan today received a detailed briefing from the Labuan Financial Services Authority (Labuan FSA) on the progress, achievements and future direction of the Labuan International Business and Financial Centre (Labuan IBFC).

4,000 Companies Expand Globally With MADANI Digital Trade Platform -- MATRADE

KUALA LUMPUR, Sept 29 (Bernama) -- Nearly 4,000 Malaysian companies have expanded globally through the MADANI Digital Trade (MDT) platform, enhancing their competitiveness in the global marketplace.

AM Best To Sponsor, Present At 29th Indonesia Rendez-Vous Conference In Bali

KUALA LUMPUR, Sept 26 (Bernama) -- Global credit rating agency, AM Best will sponsor, exhibit and lead a session at the 29th Indonesia Rendez-Vous Conference, taking place for three days beginning Oct 15 in Bali, Indonesia.

Kathmandu Riots Deal Blow To Nepal’s Insurance Sector

KUALA LUMPUR, Sept 25 (Bernama) -- Insured losses from the recent “Gen Z” protests in Kathmandu are mounting, posing a significant threat to Nepal’s already fragile non-life insurance market, according to a new AM Best commentary.