| LATEST NEWS | Cost implications from raw materials and other costs visible after June -- Energy Commission | The Energy Commission is looking at energy cost scenarios in case the West Asia conflict is prolonged — CEO | The Energy Commission has done its part to secure raw supply for energy fuel in short term period - EC CEO | About 85 pct of domestic or household consumers will remain at a stable or neutral level in terms of electricity bill impact following the incentive -- Energy Commission CEO | Automatic Fuel Adjustment: Electricity, gas tariff adjustments to be made periodically based on the actual cost of supply - Energy Commission CEO | |
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.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 24 (Bernama) -- Global markets, including the stock and currency markets in Malaysia, urgently require clear and consistent signals from United States President Donald Trump to achieve a sustained de-escalation of the conflict in West Asia and restore stability, said economists.
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 K. Naveen Prabu
KUALA LUMPUR, March 24 (Bernama) -- The insurance and takaful industry is optimistic that recipients of the Perlindungan Tenang Voucher (PTV) 3.0 programme will continue to pursue insurance coverage even after the campaign period.
By Saraswathi Muniappan
KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract.
KUALA LUMPUR, March 19 (Bernama) -- The ongoing conflict in West Asia, if prolonged, could lead to severe structural disruptions in the Malaysian fertiliser market, says the Fertiliser Industry Association of Malaysia (FIAM).
KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s inflation rose modestly to 1.4 per cent in February 2026, with the consumer price index (CPI) climbing to 136.0 from 134.1 a year earlier, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, March 18 (Bernama) -- Akur8, the global actuarial artificial intelligence (AI) platform, has entered the life and annuity (L&A) insurance market with the acquisition of Slope Software, expanding its capabilities beyond property and casualty (P&C) offerings.
