Non-life: Bracing for change in competitive environment

Abbas, Ridwan
March 2015
Asia Insurance Review;Mar2015, p40
Trade Publication
The article looks into the proposal of the General Insurance Association of Malaysia (PIAM) to deratify the non-life insurance industry. Topics discussed are the indicators or pre-conditions that must be fulfilled to ensure market readiness for deratification such as reduced claims costs in the motor segment, the steps taken by PIAM to assist policyholders affected by floods, the influence of lower crude oil prices and weakened currency on industry growth, and merger and acquisition trend.


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