9d ago
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.
17d ago
By K. Naveen Prabu
KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia’s general insurance sector ends 2025 with resilience and underlying fragility.
1m ago
KUALA LUMPUR, Nov 17 (Bernama) -- Moody’s Ratings expects emerging market (EM) macroeconomic and credit conditions to remain resilient in 2026, mirroring this year’s performance.
1m ago
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has published the inaugural analysis of 16 countries in the Asia-Pacific region, encompassing markets with varying degrees of development and growth potential.
2m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, Oct 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has proposed that the government extend the Perlindungan Tenang Voucher (PTV) scheme to cover motorcycles under Budget 2026, as part of efforts to improve insurance penetration and road safety.
2m ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s general insurance industry grew 4.0 per cent year-on-year in the first half of 2025 (1H 2025), with gross written premiums (GWP) rising to RM12.3 billion from RM11.8 billion, driven mainly by the motor and fire segments, according to the General Insurance Association of Malaysia (PIAM).
4m ago
SUBANG JAYA, Aug 16 (Bernama) -- ASEAN can set the benchmark for sustainable growth in the Global South if policies, businesses, and people are aligned towards a low-carbon future, said the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
5m ago
KUALA LUMPUR, July 15 (Bernama) -- LyondellBasell has improved its climate change score from A-minus to A in CDP’s 2024 assessment, placing the company in the leadership category for the second consecutive year.
7m ago
KUALA LUMPUR, May 14 (Bernama) -- Data from PropertyGuru’s 2024 survey revealed that 77 per cent of Malaysians consider climate risks when purchasing a home.
7m ago
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).
8m ago
KUALA LUMPUR, March 26 (Bernama) -- Agrobank recorded its highest financing disbursement of RM10.44 billion and achieved outstanding performance across all sectors in 2024.
9m ago
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.