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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).
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KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.
2m ago
KUALA LUMPUR, Oct 21 (Bernama) -- Global credit rating agency, AM Best is joining a panel discussion at the 2025 Shanghai International Reinsurance Conference, taking place for four days ending Oct 24, in Shanghai, China.
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KUALA LUMPUR, Oct 21 (Bernama) -- Global credit rating agency, AM Best will hold its Insurance Market Briefing during the 21st Singapore International Reinsurance Conference (SIRC) on Nov 4 to discuss key trends and developments in the Asia-Pacific (APAC) (re)insurance markets.
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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.
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KUALA LUMPUR, Oct 15 (Bernama) -- Akur8, a next-generation insurance pricing and reserving solution powered by transparent machine learning, has launched Deploy, a new addition to its pricing suite designed to provide insurers with real-time, operational deployment capabilities.
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By Siti Noor Afera Abu
KUALA LUMPUR, Oct 15 (Bernama) -- The takaful scene in Malaysia and Indonesia is on a steady rise, with analysts projecting the market to soar to US$5.4 billion (US$1=RM4.22) by 2033 -- a sign that demand for Shariah-compliant protection is no longer niche, but mainstream.
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KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
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KUALA LUMPUR, Oct 11 (Bernama) -- The government’s continued efforts to promote financial inclusion and raise awareness about the importance of life insurance protection through the extension of tax relief and stamp duty can encourage parents, especially young families, to plan early for their children’s financial security.
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KUALA LUMPUR, Oct 11 (Bernama) -- The design of the base medical and health insurance/takaful product, which is being introduced as part of the Budget 2026 agenda, is expected to be finalised by end-2025 with a view to launch in 2027, said Bank Negara Malaysia (BNM).
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KUALA LUMPUR, Oct 10 (Bernama) -- The newly introduced i-Saraan Plus tailored for e-hailing and p-hailing drivers announced under Budget 2026 is built on the success of the i-Saraan programme, said the Employees Provident Fund (EPF).
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By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.