11h ago
KUALA LUMPUR, June 18 (Bernama) -- Zurich Insurance Group has identified extreme weather and natural disasters as the most severe risks facing the construction sector over the next five years, assigning a score of 6.2 out of seven on its risk severity scale.
6d ago
KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.
8d ago
KUALA LUMPUR, June 10 (Bernama) -- HRX by IFCA MSC Bhd has launched a new small and medium enterprises (SME)-focused initiative to help Malaysian employers manage payroll accuracy, statutory obligations and workforce operations with greater compliance confidence, without the cost and complexity of heavy enterprise systems.
8d ago
KUALA LUMPUR, June 10 (Bernama) -- Insured losses from damage caused by a recent 7.8-magnitude earthquake in the Mindanao region are expected to be limited and account for only a small fraction of total economic losses due to the catastrophe protection gap in the Philippines.
15d ago
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on the Philippines’ non-life insurance segment, citing robust growth prospects driven by economic expansion and a pipeline of large domestic infrastructure projects.
20d ago
By Karina Imran
KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened higher against the greenback on Friday amid news about the possible United States-Iran truce, which is expected to have a positive impact on the local note, said an analyst.
30d ago
KUALA LUMPUR, May 19 (Bernama) -- ITC Infotech, a global technology services and solutions provider, and InsureMO have formed a strategic alliance to help insurers accelerate modernisation through agentic artificial intelligence (AI), initially targeting markets in the Middle East, Africa and India.
1m ago
BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin.
1m ago
GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.
1m ago
KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.
1m ago
KUALA LUMPUR, April 27 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates Malaysia’s insurance sector to sustain its growth momentum in the first quarter of 2026 (1Q 2026), supported by stronger general and life insurance segments.
2m ago
KUALA LUMPUR, April 16 (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.