1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Global credit rating agency, AM Best will participate in the 14th annual Association of Southeast Asian Nations (ASEAN) Insurance Congress, scheduled for Nov 25, in Jerudong, Brunei Darussalam.
1y ago
KUALA LUMPUR, Nov 18 (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 Bermuda’s Evergreen Insurance Company Limited (EICL).
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent).
1y ago
KUALA LUMPUR, Nov 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) of Generali Life (Hong Kong) Limited (Generali Hong Kong).
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- Global credit rating agency, AM Best announced it will host Insurance Market Briefing - Singapore International Reinsurance Conference (SIRC) to explore the state of the Asia Pacific (APAC) (re)insurance markets on Nov 5, as part of the 20th annual SIRC event.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- Moody’s Ratings expects Khazanah Nasional Bhd's market-value-based leverage to remain between 30 per cent and 35 per cent over the next few years.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- Global credit rating agency, AM Best announced that it will sponsor, exhibit and lead a session at the 28th Indonesia Rendez-Vous Conference, taking place in Bali, Indonesia, from Oct 9 to 12.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).