Kuala lumpur: Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insur…
Kuala lumpur: Hilton and Explora Journeys, the ultra-luxury ocean travel brand of MSC Group, have announced an exclusive partnership that integrates high-end cruising into Hilton’s global loyalty ecosystem, marking Hilton’s first significant expansion…
Kuala lumpur: Malaysia Airports Holdings Bhd (MAHB) today announced that two independent assessors, Alstom and IJMC-PESTECH, are expected to submit their consolidated reports on the Aerotrain’s design, installation, operations, and maintenance by mid-…
Kuala lumpur: Perma-Pipe International Holdings Inc has reported a 152 percent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)
According to BERNAMA News Agency, …
Seoul: The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary. The financial adjustments are a re…
Seoul: 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 Korean Reinsurance Company (KRE). The outlook for these credit ratings is stable, ref…
