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KUALA LUMPUR, Aug 26 (Bernama) -- Greater collaboration between the public and private sectors, insurers and hospitals is needed to tackle rising medical inflation and keep healthcare affordable, said Allianz Life Insurance Malaysia Bhd chief executive officer Giulio Slavich.
KUALA LUMPUR, 25 Aug (Bernama) -- It goes without saying the insurance sector played a vital role from Malaysia’s pre-independence era to the present day in providing financial protection to individuals, businesses, mobilising capital and act as a stabilising factor during economic crises.
KUALA LUMPUR, Aug 24 (Bernama) -- AM Best’s composite of Asia-Pacific (APAC) reinsurance companies reversed a revenue decline from the previous year, posting a 4.0 per cent increase in net insurance service revenue in 2025, driven primarily by overseas business.
KUALA LUMPUR, Aug 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM168.43 million in 1Q 2026 due to better contributions from the reinsurance, family takaful and retakaful businesses.
KUALA LUMPUR, Aug 21 (Bernama) -- Allianz Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q FY2026) increased to RM218.65 million versus RM214.04 million in the same quarter last year.
KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia has become the first Regional Comprehensive Economic Partnership (RCEP) participating country to establish a national RCEP Business Advisory Council (RBAC) Network.
KUALA LUMPUR, Aug 19 (Bernama) -- Standard house owner and fire insurance policies in Malaysia cover specified perils, including fire damage, “regardless of the ignition source.”
KUALA LUMPUR, Aug 18 (Bernama) -- The chances of Lembaga Tabung Haji (TH) recovering the entire outstanding 899 million Saudi riyal (1 Saudi riyal=RM1.09) arbitration award from Al-Rawda Real Estates Development & Project Management Co Ltd are slim, said an expert.
KUALA LUMPUR, Aug 17 (Bernama) -- Malakoff Corporation Bhd’s net profit fell to RM31.71 million in the second quarter ended June 30, 2026 (2Q 2026) from RM62.83 million in the same period last year.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).
KUALA LUMPUR, Aug 11 (Bernama) -- The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10 billion due to mismanagement and embezzlement, to restore its financial position and not to take over the institution's assets, the Dewan Rakyat was informed today.
By Karina Imran
KUALA LUMPUR, Aug 10 (Bernama) -- Malaysia's accountancy profession must evolve into a future-ready, value-driven and trust-centred profession to strengthen the country's economic competitiveness amid rapid technological transformation and growing sustainability demands.
