| LATEST NEWS | Malaysia seeks Egypt’s support for upcoming 2026 humanitarian mission at Rafah border - PM Anwar | Malaysia committed to strengthening bilateral ties with Egypt to a strategic partnership level | Targeted RON95 petrol subsidy cap for e-hailing and gig workers maintained at 800 litres - PM Anwar | Malaysia is still a centre very actively attracting investments despite the world facing turmoil and conflicts -- PM Anwar | BUDI95 individual quota temporarily adjusted from 300 litres to 200 litres per month effective April 1 - PM Anwar | |
KUALA LUMPUR, March 26 (Bernama) -- The Hong Kong Insurance Authority’s (HKIA) proposed changes to how non-life insurers’ required capital levels are evaluated for natural catastrophes, man-made risks, and offshore reinsurance could strengthen Hong Kong’s position as a global reinsurance and risk management hub, according to a new AM Best report.
FRANKFURT, March 26 (Bernama-dpa-AFX) -- European stocks closed on a strong note on Wednesday, as the mood turned a bit bullish amid some hopes of a de-escalation in tensions in West Asia, dpa-AFX reported.
KUALA LUMPUR, March 25 (Bernama) -- The Sunway Mega Roadshow returns this year in a fully digital format, offering users a seamless way to access deals and activities across Sunway City Kuala Lumpur with just a few taps through the Sunway Super App.
KUALA LUMPUR, March 25 (Bernama) -- AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to the Cayman Islands’ GUNA Re, with a stable outlook.
KUALA LUMPUR, March 25 (Bernama) -- Global credit rating agency, AM Best has affirmed Hawaii’s PanAsia Reinsurance Inc (PanAsia Re) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.
KUALA LUMPUR, March 25 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), with a stable outlook.
KUALA LUMPUR, March 24 (Bernama) -- AM Best has upgraded Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).
KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance), with a stable outlook.
KUALA LUMPUR, March 24 (Bernama) -- AM Best 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 24 (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 China Taiping Insurance (Macau) Company Limited (CTIM), with a stable outlook.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s scam-related losses reached approximately RM2.7 billion in 2025, representing a 76 per cent increase from 2024, with a noticeable spike during festive seasons such as Hari Raya, according to cybersecurity firm Fortinet Malaysia.
By Karina Imran
KUALA LUMPUR, March 23 (Bernama) -- Intense demand coupled with the wider acceptance of shariah-compliant financial products will continue expanding Islamic banking in Malaysia despite stiff competition from the conventional sector, an economist said today.
