12d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Pace, the agentic workforce for insurance, has been chosen by Prudential’s Individual Life Insurance (ILI) business to help simplify and improve its service delivery.
1m ago
KUALA LUMPUR, Nov 1 (Bernama) -- The Malaysian takaful industry recorded assets of RM62.54 billion as of mid-2025, nearly doubling from RM41.87 billion in 2020.
1m ago
KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.
1m ago
KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) and the United States (US) Department of the Treasury have agreed to continue close consultations on macroeconomic and foreign exchange (FX) matters.
2m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 15 (Bernama) -- The takaful scene in Malaysia and Indonesia is on a steady rise, with analysts projecting the market to soar to US$5.4 billion (US$1=RM4.22) by 2033 -- a sign that demand for Shariah-compliant protection is no longer niche, but mainstream.
2m ago
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s Takaful industry has united to provide iTEKAD protection to vulnerable communities, marking a significant milestone in the nation’s social finance journey and reinforcing its leadership in Islamic finance.
2m ago
LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
2m ago
KUALA LUMPUR, Sept 20 (Bernama) -- Input from discussions with international industry players on enhancing Kuala Lumpur’s competitiveness as an international financial centre and global business hub will be considered in the 2026 Budget, according to the Ministry of Finance (MoF).
2m ago
KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.
3m ago
KUALA LUMPUR, Sept 8 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has appointed Malaysian industry veteran Kelvin Ang as the new chief executive officer (CEO) of its life business in Malaysia.
5m ago
KUALA LUMPUR, June 26 (Bernama) -- PricewaterhouseCoopers Malaysia Holdings Sdn Bhd’s (PwC Malaysia) entry into Tun Razak Exchange (TRX) as an anchor in a new building that is being developed positions Kuala Lumpur as a premier destination for global businesses.
8m ago
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.