Malaysia

The company's investment portfolio is considered conservative by AM Best.

Both its life and general businesses saw robust earnings growth.

The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.

AM Best forecasts strong capitalization for Malaysian Reinsurance Berhad.

FWD Insurance joins forces with Malaysia's oldest bank, which has 387 branches and serves nine million customers. 

The Automotive Engineering Division of JPJ is revising guidelines on vehicle accident repair which take into account the latest advancements in auto tech and repair methods. 

Its market share expanded to 12.1% during the same year.

The Allianz Risk Barometer 2024 revealed that risks of cyber attacks, natural calamities, and fires are the top concerns of Malaysian businesses.

Enterprise Risk Management (ERM) is deemed appropriate for the company’s capabilities.

She has more than 26 years of experience in the financial services industry.

ICPS also reached its highest total dividend of 120.6 sen.

A licensed takaful operator is not permitted to distribute risks through a ceding-out arrangement to an insurer.

As part of its philanthropic efforts, MLRe contributed RM20,000 to two Tahfiz institutions during the launch event.

Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.

TPR’s operating performance was ‘satisfactory’, AM Best said.

It aims to have a better outcome for the development and sustainability of the motor insurance and repair ecosystem.