KUALA LUMPUR, March 13 (Bernama) -- Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia.
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
KUALA LUMPUR, March 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has appointed Marcus Portbury as Regional President, Asia Middle East (AME), and, subject to regulatory approval, as Chief Executive of its Hong Kong Branch.
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, 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 India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.
KUALA LUMPUR, Feb 13 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM150.97 million in the third quarter ended Dec 31, 2025 (3Q FY2026) compared with the year-ago earnings of RM115.86 million.
KUALA LUMPUR, Feb 12 (Bernama) -- Fintech and data intelligence firm, One Strategy Group Sdn Bhd, has launched One Credit, an integrated platform for risk management, know-your-customer (KYC) and credit underwriting.
KUALA LUMPUR, Jan 28 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, has completed its third asset-backed securitisation since April 2025 under its LILY programme.
KUALA LUMPUR, Jan 26 (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 Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.
KUALA LUMPUR, Jan 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Malaysian Reinsurance Berhad (Malaysian Re), with a stable outlook of these credit ratings (ratings).
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) will strengthen regulatory requirements for all medical and health insurance/takaful (MHIT) products following the introduction of a standardised base MHIT plan, aimed at improving consumer protection and ensuring long-term premium sustainability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
