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KUALA LUMPUR, May 14 (Bernama) -- Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (1Q 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios.
KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.
KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s general insurance industry recorded gross written premium (GWP) of RM24.2 billion in 2025, representing a 4.8 per cent increase from RM23.1 billion in 2024, driven mainly by continued expansion in the motor and fire insurance segments, according to the General Insurance Association of Malaysia (PIAM).
KUALA LUMPUR, April 30 (Bernama) -- Persatuan Insurans Am Malaysia (PIAM) has re-elected Ng Kok Kheng as its chairman for the 2026-2028 term, effective April 29, 2026.
KUALA LUMPUR, March 31 (Bernama) -- Profitability of Malaysia’s insurance and takaful sector declined slightly to RM4.6 billion in the second half of 2025 (2H 2025) from RM4.8 billion in the first half of 2025 (1H 2025), despite improved equity investment performance, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 27 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.
KUALA LUMPUR, March 25 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), with a stable outlook.
By K. Naveen Prabu
KUALA LUMPUR, March 24 (Bernama) -- The insurance and takaful industry is optimistic that recipients of the Perlindungan Tenang Voucher (PTV) 3.0 programme will continue to pursue insurance coverage even after the campaign period.
KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
KUALA LUMPUR, Jan 29 (Bernama) — The Malaysian insurance and takaful industry is committed to ensuring timely claims payouts, clear communication with hospitals, and efficient claims processing, enabling Malaysians to access care without delay.
KUALA LUMPUR, Jan 26 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.
