Kuala lumpur: Malaysia is moving steadily towards an ageing society, with seniors expected to make up 15.3 per cent of the population by 2030 and one in five citizens by 2040. This demographic shift is expected to drive a rise in non-communicable dise…
Wellington: AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to ‘bbb+’ (Good) from ‘bbb’ (Good) and affirmed the financial strength rating (FSR) of B++ (Good).
According to B…
Wellington: Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of ‘a-‘ (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance p…
Malaysia: Malaysia’s automotive sector total industry volume (TIV) rose 4.2 per cent to 73,041 units in August from 70,101 units in July, according to the Malaysian Automotive Association (MAA).
According to BERNAMA News Agency, the higher TIV was …
Seoul: AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of ‘aa+’ (Superior) of South Korea’s Samsung Fire and Marine Insurance Co Ltd (SFM) and its subsidiaries in the U…
Kuala lumpur: Malaysia has stood firm in defending its halal standards during tariff-related negotiations with the United States, describing the process as complex and challenging, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul …