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KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.
KUALA LUMPUR, May 27 (Bernama) -- MNRB Holdings Bhd posted a lower net profit of RM394.20 million for the financial year ended March 31, 2025 (FY2025), compared with RM433.54 million recorded in the preceding year.
KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.
KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.
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, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).
KUALA LUMPUR, April 4 (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) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.
KUALA LUMPUR, March 21 (Bernama) -- AM Best has affirmed Hanoi Reinsurance Joint-Stock Corporation’s (Hanoi Re) financial strength rating (FSR) of B++ (Good), the long-term issuer credit rating (Long-Term ICR) of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).
KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.
