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KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has published its analysis of 17 insurance markets in Asia Pacific, assessing the economic, political and financial system risks in each, to coincide with the Singapore International Reinsurance Conference.
KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s KB Insurance Co Ltd (KBI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- Brent crude oil prices are expected to average between US$80 per barrel and US$95 per barrel in 2027, assuming a progressive restoration of West Asian oil exports and a recovery in global supply that outpaces demand growth, analysts said.
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
KUALA LUMPUR, Oct 27 (Bernama) -- LPI Capital Bhd’s net profit fell 15.7 per cent to RM96.82 million in the third quarter (3Q) ended Sept 30, 2026, from RM114.83 million a year earlier, due to lower profit from its investment holding segment.
KUALA LUMPUR, Oct 26 (Bernama) -- Singapore Exchange Mainboard-listed TeleChoice International Ltd’s unit Planet Telecoms Managed Services Sdn Bhd (PTMS) will continue providing end-to-end supply chain services to U Mobile Sdn Bhd after renewing a contract valued at an estimated S$1.3 billion (S$1=RM3.19).
KUALA LUMPUR, Oct 26 (Bernama) -- Liquefied petroleum gas (LPG) solutions provider, NGC Energy Sdn Bhd aims to venture abroad while strengthening its presence in the domestic market, supported by its evolving shareholder structure and potential infrastructure opportunities.
SHAH ALAM, Oct 24 (Bernama) -- The country’s insurance and takaful industry continues to increase efforts to promote financial inclusion through the launch of MyCoverageOKU, a digital platform that provides easier access to information for persons with disabilities (PwD).
SHAH ALAM, Oct 24 (Bernama) -- Edaran Otomobil Nasional Bhd (EON) has strengthened its after-sales services for customers with the launch of its first vehicle body and paint repair hub in Glenmarie here.
KUALA LUMPUR, Oct 23 (Bernama) -- Global credit rating agency, AM Best announced its analytic team members will present their outlooks on China’s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, to be held from Oct 27 to 30.
By Mikhail Raj Abdullah
KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.
KUALA LUMPUR, Oct 22 (Bernama) -- Repayment deferments have since been extended to victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said.
