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KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).
KUALA LUMPUR, Nov 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co Ltd (Fubon Vietnam), with all credit ratings (ratings) carrying a stable outlook.
KUALA LUMPUR, Nov 4 (Bernama) -- Wasco Greenergy Bhd (Greenergy) has signed an underwriting agreement with CIMB Investment Bank Bhd (CIMB IB) and Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd.
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has published the inaugural analysis of 16 countries in the Asia-Pacific region, encompassing markets with varying degrees of development and growth potential.
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore.
KUALA LUMPUR, Oct 31 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.
KUALA LUMPUR, Oct 31 (Bernama) -- AM Best has maintained a stable outlook on China’s non-life insurance segment, supported by sustained premium growth driven by new energy vehicles (NEVs), health reforms and emerging product developments, alongside supportive regulatory policies and market development initiatives.
KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).
KUALA LUMPUR, Oct 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Micronesia’s Marble Reinsurance Corporation (Marble Re), maintaining a stable outlook.
KUALA LUMPUR, Oct 16 (Bernama) -- Global credit rating agency, AM Best announced it will lead a session, sponsor and exhibit at the inaugural Thailand Reinsurance Conference, taking place from Oct 30 to Nov 1 in Bangkok.
KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to expand the existing tax deduction for listing expenses — currently set at RM1.5 million and available to technology-based companies and micro, small, and medium enterprises (MSMEs) — to also include MSMEs in the energy and utilities sectors.
KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.
