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KUALA LUMPUR, Sept 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to Beibu Gulf Property & Casualty Insurance Company Ltd (Beibu Gulf Insurance).
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.
KUALA LUMPUR, Sept 25 (Bernama) – Data supporting Malaysia’s new MediAsas Diagnosis Related Group (DRG) pricing framework reveals that third-party payers covered RM3.9 billion in hospital billings, while patients paid RM932 million out of pocket.
KUALA LUMPUR, Sept 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of BIDV Insurance Joint Stock Corporation (BIC).
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) -- MNRB Holdings Bhd has declared a final dividend of 15 sen per ordinary share for the financial year ended March 31, 2026 (FY2026).
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 24 (Bernama) -- Kaplan Professional has appointed experienced education and digital learning executive, Melissa Chan as Head of Business Development, Asia, strengthening its presence in Singapore and across Asia.
KUALA LUMPUR, Sept 23 (Bernama) -- Voxela Inc, a developer of vision artificial intelligence (AI) for long-term care facilities, has closed a Series A round led by Tokyo-based Delight Ventures, bringing its total funding since inception to about US$13.2 million. (US$1 = RM4.06)
KUALA LUMPUR, Sept 23 (Bernama) -- SunCar Technology Group Inc (SunCar), an innovative leader in artificial intelligence (AI)-powered auto insurance and auto services, has reported net income of US$3.4 million for the six months ended June 30, an improvement of US$8.9 million from a net loss of US$5.5 million in the same period last year. (US$1=RM4.06)
By Jailani Hasan
LABUAN, Sept 22 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) has climbed 11 places to 44th globally in the latest Global Financial Centres Index 40 (GFCI 40), strengthening its standing among the world’s leading financial centres.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 21 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) is sharpening its crisis-readiness agenda under the PIDM Corporate Plan 2026-2028, with a stronger focus on resolution resilience, digital safeguards and continued protection for depositors and policy owners when a member institution runs into difficulty.
