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There are 404 news based on search keyword " insurance"

Singapore Upgrades 2025 GDP Growth Forecast To 1.5 To 2.5 Pct

SINGAPORE, Aug 12 (Bernama) --  Singapore has upgraded its 2025 gross domestic product (GDP) growth forecast to 1.5 to 2.5 per cent to reflect the better-than-expected performance of the country’s economy in the first half of 2025 (1H 2025).

Duck Creek Billing Enhances Member Experience With Real-Time Insights At PURE

KUALA LUMPUR, Aug 6 (Bernama) -- Duck Creek Technologies, a global intelligent solutions provider for the insurance industry, announced that PURE Insurance has upgraded to the latest version of the Duck Creek Billing platform.

Lotte Chemical Titan Trims 2Q Net Loss To RM173.09 Mln

KUALA LUMPUR, Aug 5 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) has narrowed its net loss to RM173.09 million in the second quarter of its financial year ending Dec 31, 2025 (2Q FY2025) from a net loss of RM248.88 million in the same period in FY2024. 

BNM Advances Key Initiatives To Boost Digitalisation -- Governor

KUALA LUMPUR, Aug 5 (Bernama) -- Bank Negara Malaysia (BNM) is advancing several key initiatives to boost digitalisation in the country, as a future-ready system needs more than new technology and business models. 

Over 90 Pct Of MHIT Policies Face Modest Adjustments – MoF

KUALA LUMPUR, Aug 4 (Bernama) -- More than 90 per cent of adjusted medical and health insurance and takaful (MHIT) policies recorded premium increases of less than 10 per cent, while over 200,000 policies benefited from deferred premium adjustments and more than 14,000 policies were reactivated as at 30 April 2025, according to the Ministry of Finance (MoF).

Vietnam’s Non-life Insurance Industry Holds Steady, Says AM Best

KUALA LUMPUR, July 30 (Bernama) -- Global credit rating agency, AM Best is maintaining its stable outlook on Vietnam’s non-life insurance segment, supported by structural economic advantages and strong demand across core insurance lines.

Maxim Confirms All Its Active Drivers Hold Valid EVP

KUALA LUMPUR, July 29 (Bernama) -- Maxim Malaysia said it has ensured that all its active partner-drivers possess valid e-hailing vehicle permits (EVP) and have the opportunity to obtain insurance through the company’s partners.

inDrive Eyes 40,000 Active Drivers, Confident In Expansion Amid EVP Issues

KUALA LUMPUR, July 29 (Bernama) -- United States-based e-hailing company inDrive remains confident of reaching 40,000 active drivers by year-end and affirms that its Malaysian expansion will not be jeopardised by the e-hailing vehicle permit (EVP) and public service vehicle (PSV)-related issues.

AM Best Affirms South Korea’s Hanwha General Insurance Credit Ratings

KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Duck Creek Scores Big In Celent's 2025 P&C Technology Rankings

KUALA LUMPUR, July 23 (Bernama) -- Duck Creek Technologies has secured five XCelent Advanced Technology 2025 awards from analyst firm Celent, cementing its status as a global leader in Policy Administration System (PAS) for the property and casualty (P&C) insurance market.

Malaysia's Inflation Rose Slower At 1.1 Pct In June 2025

KUALA LUMPUR, July 22 (Bernama) -- Malaysia’s inflation rose at a slower pace of 1.1 per cent in June 2025, with the index standing at 134.5 points compared to 133.0 in the same month last year, according to the Department of Statistics Malaysia (DoSM).

AM Best Affirms Superior Ratings Of South Korea's DB Insurance 

KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.