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KUALA LUMPUR, Sept 10 (Bernama) -- AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives and economic expansion, which are driving robust premium growth and increasing insurance penetration.
KUALA LUMPUR, Sept 10 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced the final close of EIG Senior Infrastructure Debt Fund VI (SIDF VI) at US$1.9 billion, nearly double the size of its predecessor fund. (US$1 = RM4.06)
KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan.
KUALA LUMPUR, Sept 8 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an unconditional share purchase agreement (SPA) with Belgium-based Ageas Insurance International NV to acquire the remaining 30.95 per cent equity interest in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion.
KUALA LUMPUR, Sept 7 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on China’s non-life insurance segment, citing improved regulatory oversight, new growth opportunities and ongoing digitalisation and innovation.
From Samantha Tan Chiew Tieng
SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.
KUALA LUMPUR, Sept 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Taiwan’s non-life insurance segment amid the implementation of Taiwan Insurance Solvency (TIS), IFRS 17, and consistent premium expansion across retail and commercial lines.
KUALA LUMPUR, Sept 1 (Bernama) -- Amanah Raya Bhd has appointed Datuk Mohd Iskandar Dzulkarnain Ramli as its group managing director, effective today.
KUALA LUMPUR, Sept 1 (Bernama) -- MoneyHero Limited (MoneyHero), a technology- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform, will release its second-quarter (Q2) 2026 results on Sept 11, before the market opens.
From Abdul Hamid A Rahman
GUIYANG, CHINA, Sept 1 (Bernama) -- A roughly 40-minute drive from Guiyang to the Gui’an New Area reveals a concentration of technology companies and digital infrastructure that may feel somewhat familiar to a Malaysian visitor, as it bears some resemblance to Cyberjaya.
KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2026 (FY2026) rose to RM3.43 billion, a 5.5 per cent year-on-year (y-o-y) rise from RM3.25 billion, driven by improved performance across all businesses.
KUALA LUMPUR, Aug 27 (Bernama) -- Double-digit medical claims growth is expected to persist in the near term following a 12.28 per cent rise in claims inflation in 2025, driven mainly by more insured individuals seeking treatment at private hospitals.
