| LATEST NEWS | Malaysia, Japan strengthen bilateral cooperation, play a constructive role for global peace and stability - Anwar | Malaysia supports all efforts towards peace and a resolution to the Iran-Israel conflict - Anwar | Anwar, Prabowo agree to meet in near future to strengthen bilateral ties | |
KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
KUALA LUMPUR, May 13 (Bernama) -- AM Best will be represented at the Philippine Insurance Summit 2025, with senior financial analyst Susan Tan scheduled to deliver a presentation on the company’s outlook for the Philippine non-life insurance sector.
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
KUALA LUMPUR, May 5 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, continues to remain positive on Malaysia’s healthcare sector, forecasting a 6.0-8.0 per cent compound annual growth rate (CAGR) until 2030.
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s General Insurance (GI) industry remains on a steady growth path despite external uncertainties and inflationary costs, said the General Insurance Association of Malaysia (PIAM).
KUALA LUMPUR, April 28 (Bernama) -- Malaysia and Italy seek to strengthen economic collaboration, according to Deputy Investment, Trade and Industry Minister Liew Chin Tong.
KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).
KUALA LUMPUR, April 7 (Bernama) -- Japanese insurance companies are increasingly seeking growth overseas as the domestic market faces constraints due to an ageing and shrinking population, according to a new commentary by AM Best.
KUALA LUMPUR, April 2 (Bernama) -- The share price of Petronas Gas Bhd (PGB) fell by 1.30 per cent in early trade today after the massive gas pipeline fire yesterday in Putra Heights, Selangor, which caused widespread damage and prompted an emergency evacuation of residents in the affected area.
KUALA LUMPUR, March 27 (Bernama) -- Underfunding in Malaysia’s public health sector remains a key challenge, with healthcare expenditure standing at about four per cent of gross domestic product (GDP), according to Malaysian Reinsurance Bhd (Malaysian Re).
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
