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KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.
KUALA LUMPUR, Oct 8 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will be suspended from 9 am tomorrow, pending a major announcement, separate filings from the two companies to Bursa Malaysia said on Tuesday evening.
KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.
KUALA LUMPUR, Oct 8 (Bernama) -- The government should expand the tax relief for medical and health insurance in Budget 2025, said the Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell.
KUALA LUMPUR, Oct 7 -- Prime Minister Datuk Seri Anwar Ibrahim has assured that the government will not be complacent or “rest on its laurels,” but will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.
KUALA LUMPUR, Oct 4 (Bernama) -- Global credit rating agency, AM Best announced that it will sponsor, exhibit and lead a session at the 28th Indonesia Rendez-Vous Conference, taking place in Bali, Indonesia, from Oct 9 to 12.
KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Oct 3 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator.
KUALA LUMPUR, Oct 3 (Bernama) -- The government is urged to expedite the establishment of the Malaysian Gig Economy Commission (SEGiM) to ensure better organisation and regulation of the gig industry ecosystem.
KUALA LUMPUR, Oct 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has named Caroline Alder-Smurthwaite to its Global Underwriting Office for Casualty & Healthcare and promoted Charlotte Behar to succeed Alder-Smurthwaite as Head of Casualty, United Kingdom (UK).
KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 29 (Bernama) -- The Malaysian Takaful Association (MTA) hopes the government will increase tax relief for life, education and medical insurance premiums in Budget 2025.
