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FMG Insurance Credit Ratings Affirmed

KUALA LUMPUR, Jan 30 (Bernama) -- A.M. Best has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of 'a' of FMG Insurance Ltd. (FMGIL) New Zealand and the outlook of these ratings is stable.

PIDM Releases 2018-2020 Corporate Plan

KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia Deposit Insurance Corporation†(PIDM) †released its†Corporate Plan 2018 - 2020 Summary here today.

Takaful Malaysia Records Net Profit In FY17

KUALA LUMPUR, Jan 26 (Bernama) -- Syarikat Takaful Malaysia Bhd posted a record net profit for the financial year ended Dec 31, 2017, with an 18 per cent increase in profit after tax and zakat (PATZ) to RM205.1 million from RM174.5 million in the previous financial year.

Public Awareness Of Savings Protection, Insurance Still Low - PIDM

KUALA LUMPUR, Jan 26 (Bernama) -- The level of public awareness about savings, takaful and insurance protection provided by Perbadanan Insurans Deposit Malaysia (PIDM) under the Takaful and Insurance Benefits Protection Scheme is still low.

Great Eastern Takaful Appoints Shahrul Azlan As New CEO

KUALA LUMPUR, Jan 22 (Bernama) -- Great Eastern Takaful Bhd has appointed Shahrul Azlan Shahriman as its new Chief Executive Officer (CEO) effective today.

Etiqa Insurance, HLA Win World Finance Global Insurance Awards 2017

KUALA LUMPUR, Jan 19 (Bernama) -- Etiqa Insurance and Takaful Bhd and Hong Leong Assurance Bhd (HLA) have been named winners in the general and life insurance categories respectively in the World Finance Global Insurance Awards 2017.

Sun Life To Raise Awareness On Insurance

KUALA LUMPUR, Jan 17 (Bernama) -- Sun Life Malaysia Assurance Bhd aims to raise awareness on the importance of insurance in suburban and rural communities, said Chief Executive Officer, President and Country Head Raymond Lew.

MSIG Insurance Introduces Pet Insurance Plans

KUALA LUMPUR, Jan 16 (Bernama) -- MSIG Insurance (M) Bhd is introducing three pet insurance plans with annual premiums of RM200, RM350 and RM500, allowing owners to select the best one for their needs.

Jirnexu Expects Digital Insurance To Contribute 25-30 Pct To Its Growth

By Sharifah Pirdaus Syed Ali

KUALA LUMPUR, Jan 15 (Bernama) -- Southeast Asian financial technology (fintech) start-up, Jirnexu Sdn Bhd, expected digital insurance to be its significant growth contributor, representing 25 to 30 per cent in total growth, in the coming years.

Zurich Insurance Malaysia Transfers General Insurance Business To New Entity

KUALA LUMPUR, Jan 2 (Bernama) -- Zurich Insurance (M) Bhd (ZIMB) has transferred its general insurance business to a newly-incorporated entity, Zurich General Insurance (M) Bhd (ZGIMB), effective Jan 1, 2018.

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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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