MREM Press Releases
Best’s Market Segment Report: AM Best Assigns Stable Outlook to Malaysia’s Non-Life Insurance Industry
SINGAPORE, Aug 2 (Bernama-BUSINESS WIRE) — AM Best has assigned a stable market segment outlook to Malaysia’s non-life insurance industry, based on the sector’s underwriting discipline and robust pricing, as well as increased use of digital solutions to enhance data and pricing capabilities, claims automation, product innovation and distribution. In
CIMB introduces OctoSavers, its first fully-digital Islamic savings account through e-KYC for new customers
New customers to be the first to enjoy the benefits of end-to-end digital onboarding features of the account KUALA LUMPUR, Aug 2 (Bernama) — CIMB Bank Berhad and CIMB Islamic Bank Berhad (“CIMB” or “the Bank”) have launched the CIMB OctoSavers Savings Account-i (“OctoSavers Account-i”) on 1 August 2021, the Bank’s first
Nearly 100 Passengers Boarded The ‘Jin Air Flight To Nowhere – Kota Kinabalu’
SEOUL, Aug 2 (Bernama) — A total of 96 passengers boarded the ‘flight to nowhere’, flying from Incheon International Airport, to experience the Kota Kinabalu-themed sightseeing flight.Flight to Nowhere is also known as scenic flights or sightseeing flights. Travellers get to experience all the airport and airline processes, but instead of arriving
Esukan.gg Launches Eshop to Offer In-Game Credits to Gamers
KUALA LUMPUR, Malaysia, Aug 2 (Bernama-PRNewswire) — Esukan.gg, a centralized National Esports Management platform jointly developed by Impact Integrated and Techninier Sdn Bhd (“Techninier”), has recently launched its new Eshop to allow gamers to purchase in-game credits on Esukan.gg for use in popular game titles such as PUBG Mobile, Mobile
East Cendor Field Achieves First Oil Production
KUALA LUMPUR, July 30 (Bernama) — PETRONAS is pleased to announce that the East Cendor field in Block PM304 located 140 kilometers offshore Peninsular Malaysia has achieved its first oil production on 23 June 2021. The field was developed by Petrofac (Malaysia) Limited (Petrofac), Kuwait Foreign Petroleum Exploration Company and PETRONAS
Best’s Commentary: Henan Flood Losses Expected to Be Manageable for China Insurers
HONG KONG, July 30 (Bernama-BUSINESS WIRE) — Although the recent severe rainfall that hit the province of Henan, China, could become the country’s largest insured loss event ever, AM Best is of the view that China’s non-life insurers will be able to manage and absorb the losses, according to a new AM
Turnover Increases 26% In The First Half Of 2021
FRANCE, July 30 (Bernama-GLOBE NEWSWIRE) —AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has posted consolidated turnover of €487.6m in the first half of 2021, up by 26.0% compared to the first half of the previous year. Activity remains down
FSMOne Malaysia Launched Lowest Brokerage Fee For US And Hong Kong Securities
KUALA LUMPUR, July 30 (Bernama) — FSMOne today launched its latest offering to the Malaysian market, allowing the investing public to trade US and Hong Kong securities conveniently via its renowned multi-asset platform. In conjunction with the launch, FSMOne also announced that it offers the lowest brokerage fee in the market
DARE-19 Phase III Collaboration between AstraZeneca, Saint Luke’s Mid America Heart Institute and George Clinical Shows Treatment’s Well-Established Safety Profile Was Consistent in Patients with COVID-19
OVERLAND PARK, KS, July 30 (Bernama-GLOBE NEWSWIRE) — The findings of DARE-19, a double-blind, placebo-controlled Phase III trial examining Dapagliflozin in patients with cardiometabolic risk factors hospitalized with COVID-19, have been published in The Lancet Diabetes & Endocrinology. The study was a collaboration of George Clinical, a global scientifically-backed clinical
Tan Sri Lee Kim Yew Urges Developers To Turn Crisis Into Opportunities
KUALA LUMPUR, July 30 (Bernama) — Go green, go digital and digitalize your asset by using blockchain is the way to go into the future, said Tan Sri Lee Kim Yew, founder of Golden Horse Investment Bank. “As Malaysia adjust to the new normal, the trend in the property market is
