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KUALA LUMPUR, March 30 (Bernama) -- Capital A Bhd is eyeing to exit its Practice Note 17 (PN17) status after achieving four consecutive quarters of profitability, said its chief executive officer Tan Sri Tony Fernandes.
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KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia eased in early trade on Monday as it tracked regional market losses after a sharp Wall Street sell-off, as Brent crude oil surged above US$110 per barrel.
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KUALA LUMPUR, March 27 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.
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KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia remained in the red at mid-afternoon on continued selling activities in selected heavyweights led by banking and telecommunication counters.
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KUALA LUMPUR, March 25 (Bernama) -- AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to the Cayman Islands’ GUNA Re, with a stable outlook.
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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.
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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.
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KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved risk appetite across regional markets despite a weaker overnight performance on Wall Street.
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KUALA LUMPUR, March 24 (Bernama) -- OCR Group Bhd’s indirect wholly owned subsidiary, OCR Avenue Sdn Bhd (OASB), has entered into a sale and purchase agreement with Magna Ecocity Sdn Bhd and Twinicon (M) Sdn Bhd.
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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).
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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.
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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.