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Japan Life Insurers’ Reinsurance Use More Than Doubled Since 2020 - AM Best

KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.

CCUS Requires Whole-of-Nation Approach, Regional Collaboration To Scale Up Deployment

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 3 (Bernama) -- The climate mitigation technology process through the Carbon Capture, Utilisation and Storage (CCUS) deployment in Malaysia requires a whole-of-nation approach involving government agencies, industry players, researchers and financiers, while at the ASEAN level, it needs stronger regional collaboration to accelerate its adoption.

Instruqt Report Finds 92 Pct Face Developer Adoption Challenges

KUALA LUMPUR, June 3 (Bernama) -- Instruqt has released its annual report, The State of Developer Adoption, revealing that 92 per cent of respondents face at least one significant developer adoption challenge.

Fortegra Joins DB Insurance To Expand Global Market Presence

KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer.

DPM Fadillah Opens TNB’s ETCon26, Witnesses Key Agreements Advancing Energy Transition Agenda

KUALA LUMPUR, June 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) flagship conference, the Energy Transition Conference 2026 (ETCon26), opened today with strong momentum, bringing together policymakers, industry leaders, investors and technology players to accelerate Malaysia’s energy transition agenda amid the rapid rise of artificial intelligence (AI) and digital infrastructure demand.

Allianz Malaysia Unveils Life Planner Digital Calculator To Simplify Financial Planning

KUALA LUMPUR, June 3 (Bernama) -- Allianz Malaysia Bhd has launched the Life Planner calculator on the MyAllianz platform, which is designed to help better understand financial readiness and protection needs in a simple and structured way.

Walrus Pump Showcases AI Liquid Cooling Technologies At Computex 2026

KUALA LUMPUR, June 3 (Bernama) -- Walrus Pump, a Taiwan-based provider of comprehensive pump solutions, is participating in Computex 2026 until June 5, showcasing its liquid cooling technologies for high-performance computing (HPC) and artificial intelligence (AI) applications.

AM Best Maintains Stable Outlook On Philippines Non-Life Insurance Segment

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on the Philippines’ non-life insurance segment, citing robust growth prospects driven by economic expansion and a pipeline of large domestic infrastructure projects.

Malaysia’s Kopitiam Culture Could Be Next Global Export Story

KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s kopitiam concept could potentially emerge as an exportable identity capable of strengthening tourism branding, food entrepreneurship and cultural influence abroad, according to culinary veteran Chef Rossham Rosli, who has spent 33 years in the industry.

IILM’s Largest Sukuk Auction Draws Bids Totalling US$2.925 Bln

KUALA LUMPUR, June 3 (Bernama) – The International Islamic Liquidity Management Corporation (IILM) has completed a US$1.495 billion issuance and reissuance of short-term sukuk, marking the largest single auction since its inception.

KLCI Futures Higher At Opening

KUALA LUMPUR, June 3 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Wednesday in line with the underlying cash market.

Bursa Malaysia Opens Higher On Bargain Hunting, Wall Street Gains

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia opened higher on Wednesday as investors engaged in bargain hunting following the extended market closure last week, while positive sentiment from Wall Street's overnight gains also supported buying interest.