Margin Compression and Rationalisation Seen for Insurers
Christopher Han, Associate Director, Fitch Ratings
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
Total premiums in the insurance sector increased by 4.4% to RM61.3b, continuing its positive trend as insurers tap into the country's under-insured market. The second phase of the motor detariffication set to take effect on July 2017 will likely spur further rationalisation and possibly lead to margin compression as competition intensifies.
This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.
Tags: insurance sector, gross premiums, detariffication, Lloyd, Bank Negara, life insurance, takaful