KUALA LUMPUR, June 6 (Bernama) -- AmInvestment Bank Bhd has maintained its neutral rating on the plantation sector the amid the recent 'standard risk' classification by the European Commission (EC).
KUALA LUMPUR, June 5 (Bernama) -- Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, has announced a new strategic partnership with Capricorn Mutual, the insurance arm of one of Australia and New Zealand’s largest member-owned organisations, Capricorn.
KUALA LUMPUR, June 4 (Bernama) -- Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) under its US$2 billion (RM8.46 billion) euro medium term note (EMTN) programme.
KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.
KUALA LUMPUR, June 3 (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 FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Hong Kong’s Tugu Insurance Company Limited (TIC).
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and the long-term issuer credit rating to “bbb” (Good) from “bbb-” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).
KUALA LUMPUR, May 28 (Bernama) -- Greatech Technology Bhd’s shares were higher in early trade after posting a significant jump in its net profit for the first quarter ended March 31, 2025 (1Q 2025).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.
