KUALA LUMPUR, Sept 25 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has called on the government to exempt group employee insurance schemes from the eight per cent service tax under Budget 2027.
KUALA LUMPUR, Sept 24 (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 Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China), with a stable outlook.
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.
KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow.
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.”
By Nor Baizura Basri
KUALA LUMPUR, Aug 19 (Bernama) — The role of the Securities Commission Malaysia (SC) as it undertakes to oversee and assume a supervisory framework over the types of investments Lembaga Tabung Haji (TH) makes in line with its policy of balancing returns, protecting capital and ensuring sufficient liquidity to fulfil its haj mandate is crucial, an academic said.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.
KUALA LUMPUR, Aug 11 (Bernama) -- The government risked assuming liabilities of about RM74.5 billion if a massive panic withdrawal, or “bank run”, had occurred in 2018, said Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan.
KUALA LUMPUR, Aug 5 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary, Nestcon Builders Sdn Bhd, has secured a RM243 million construction contract from EXSIM Waterfront Sdn Bhd in George Town, Penang.
KUALA LUMPUR, July 30 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has introduced and enhanced three specialised financing programmes, which are expected to benefit 220 entrepreneurs, with a total allocation of RM80 million to help bumiputera entrepreneurs secure capital faster, strengthen cash flow, and expand their business capacity.
KUALA LUMPUR, July 22 (Bernama) -- Qumis has launched its certified artificial intelligence (AI) agents, a team of line-of-business specialists that work together to analyse entire insurance programmes and deliver citation-backed coverage analysis in minutes.
KUALA LUMPUR, July 15 (Bernama) -- The government has no plans at present to implement a two per cent wealth tax on wealthy individuals to help finance government expenditure, said the Finance Ministry (MoF).
