KUALA LUMPUR, Sept 3 (Bernama) — LIAM has appointed Ms Loh Guat Lan, Chief Executive Officer of Hong Leong Assurance Berhad as President of LIAM at its Management Committee meeting on 28 August 2019 to replace Ms Anusha Thavarajah, former Chief Executive Officer of AIA Bhd. http://mrem.bernama.com/viewsm.php?idm=35375

HONG KONG, Sept 3 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Macau Insurance Company Limited(MIC) (Macau). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MIC’s balance sheet strength, which AM Best categorizes…

SINGAPORE, Sept 3 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of AIA New Zealand Limited (AIA New Zealand) (New Zealand), formerly known as Sovereign Assurance Company Limited. The outlook of these Credit Ratings (ratings) is stable. Concurrently,…

HONG KONG, Sept 3 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiaries, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ) and The Toa…

KUALA LUMPUR, Malaysia, Aug 30 (Bernama-PRNewswire) — Malaysians are in for a treat this National Day, as Pocky introduces a brand-new flavour inspired by a local delight – Cendol. The exclusive to Malaysia only flavour will have the classic Pocky sticks coated with Cendol infused cream.Originated from Japan, the irresistible snack, has elevated the lives…

BEIJING, China, Aug 30 (Bernama-AsiaNet) — Yili Group (600887.SH) announced its 2019 interim results on the evening of August 29th. The report shows in the first half of 2019, Yili realized a total operating revenue of RMB 45.07 billion, a year-on-year increase of RMB 5.13 billion, and a net profit…

KAJANG, Aug 30 (Bernama) — Protasco Berhad’s turnaround is continuing to gather strength, posting a nine-time jump in its first half net profit to RM8.7 million despite a slightly lower revenue for the six months ended 30 June 2019.The Group’s first half net profit surged 882 percent to RM8.7 million from…

KUALA LUMPUR, Aug 30 (Bernama) — PETRONAS invites local startups to take part in PETRONAS FutureTech, a technology accelerator programme to encourage local innovations and support Malaysian startups to succeed in the global marketplace.The programme, the first of its kind in Malaysia, aims to discover and nurture home-grown technology entrepreneurs, scale them up…

KUALA LUMPUR, Aug 30 (Bernama) — Investment holding company Kumpulan Perangsang Selangor Berhad (“Perangsang Selangor” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS MK; Reuters: KPSB.KL), having unlocked further values from the core businesses in the manufacturing, trading and licensing sectors, posted an 86% increase in operating profit to RM13.4 million…

PARIS, Aug 30 (Bernama-BUSINESS WIRE) — Tinubu Square, a leading provider of credit insurance, surety and trade finance solutions, has reached the final “top 5” of the inaugural Global Corda InsurTech Challenge, a competition that rewards blockchain insurance startups and the innovation investment arms of insurance companies. Organised by R3, the…