Maybank Posts Net Profit Of RM2.69 Bln In 2Q
KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 2.4 per cent to RM2.69 billion from RM2.62 billion a year ago.
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There are 88 news based on search keyword "insurance"
Joint Efforts Needed To Curb Medical Inflation, Keep Healthcare Affordable -- Allianz
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.
Coventry’s LILY Programme Reaches US$1 Bln In Life Insurance-Backed Financing
KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)
Insuring A Nation’s Journey: Malaysia’s Insurance Industry Through The Years
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.
APAC Reinsurers Post 4.0 Pct Revenue Growth In 2025 - AM Best
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.
MNRB Net Profit Rises To RM183.75 Mln In 1Q FY2027
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.
Allianz Malaysia Net Profit Rises To RM218.65 Mln In 2Q FY2026
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.
Ascend Airways Malaysia Obtains CAAM Approval For Passenger Operations
KUALA LUMPUR, Aug 20 (Bernama) -- Ascend Airways Malaysia Sdn Bhd has secured approval from the Civil Aviation Authority of Malaysia (CAAM) to include passenger operations in its Air Operator Certificate (AOC).
Co-opbank Pertama Issues Inaugural RM500 Mln Structured Covered Sukuk
KUALA LUMPUR, Aug 20 (Bernama) -- Co-opbank Pertama Bhd (CBP) has completed the inaugural issuance of RM500 million in Structured Covered Sukuk Wakalah through its special purpose vehicle, Himayah Sukuk Bhd.
Standard Fire Policies Cover EV-Related Fire Damage - PIAM
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.”
Indonesia’s External Debt Rises 4.4 Pct To US$453.4 Bln In Q2 2026 - BI
JAKARTA, Aug 18 (Bernama) -- Indonesia’s external debt rose 4.4 per cent year-on-year (y-o-y) to US$453.4 billion (US$1=RM4.05) in the second quarter of 2026, driven by higher public external debt amid a slower contraction in private-sector debt.
AmBank Group's Net Profit Rises 0.8 Pct To RM520.23 Mln In 1Q FY2027
KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd (AmBank Group) recorded net profit of RM520.23 million in the first quarter ended June 30, 2026 (1Q FY2027), an increase of 0.8 per cent, as compared with RM516.18 million in the same period of FY2026.