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Malaysian Re licenses AIR Worldwide's platform to manage new risks

KUALA LUMPUR, May 7 (Bernama) -- Malaysian Reinsurance Berhad (Malaysian Re), a wholly- owned subsidiary of MNRB Holdings Berhad (MNRB) today announced it has licensed AIR Worldwide's (AIR) catastrophe risk modelling platform for portfolio management and managing new risks.

Taiwan's Shinkong Insurance company gets excellent ratings

KUALA LUMPUR, April 26 (Bernama) -- A.M. Best has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of 'a' of Shinkong Insurance Co Ltd (Shinkong Insurance) Taiwan with the outlook of these ratings as stable.

Tinubu Square launches innovation lab for insurance and banking industry

KUALA LUMPUR, April 26 (Bernama) -- Tinubu Square -- the industry leader in trade credit, surety and trade finance solutions launched its Innovation LAB, focusing on blockchain, advanced integration and deep analytics for insurance and banking industry applications.

MSAM 2018 records 200,168 visitors

KUALA LUMPUR, April 25 (Bernama) -- Permodalan Nasional Bhd's (PNB) Malaysian Unit Trust Week 2018 (MSAM) which ended today, saw overwhelming participation with 200,168 visitors, well exceeding initial expectations.

More initiatives, innovations to promote participation in Islamic finance

KUALA LUMPUR, April 25 (Bernama) -- The Islamic finance industry is creating many initiatives and innovations to promote the take-up rate of its products.

Public awareness of takaful, insurance protection still low

BATU†PAHAT, April 23††(Bernama) --†The level of public awareness†of the importance of having takaful†and insurance protection is still low despite various awareness and educational programmes†carried out.

PM Launches Takaful IKHLAS' New Website

BATU† PAHAT, April 19†(Bernama) -- Prime†Minister Datuk Seri Najib Tun Razak†today†launched the new website of Takaful Ikhlas Bhd in conjunction with the Malaysian Unit†Trust Week (MSAM) 2018 at†Batu†Pahat†Stadium, here.

CIMB targets RM200 mln in non-life insurance premiums this year

KUALA LUMPUR, April 3 (Bernama) -- CIMB Group Holdings Bhd is on track to achieve its target of RM200 million gross written premiums for its non-life insurance business this year.

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Islamic Financial Institutions should adopt IIFM standards
Islamic Banks eyes bigger trade financing mart share

Maybank†Islamic CEO Mohamed Rafique Appointed IBFIM Chairman

Taiwan's Shinkong Insurance company gets excellent ratings
Tinubu Square launches innovation lab for insurance and banking industry

MSAM 2018 records 200,168 visitors

US 3.9755/9785
S'pore 2.9597/9631
100 Yen 3.5828/5868
Sterling 5.3705/3761
Euro 4.6927/6974
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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