Insurance Post

Decline in car sales to hurt premium growth in Malaysia, says MII

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The Malaysian Insurance Institute is warning that premium growth in Malaysia will slow over the next few years as the appetite for new cars declines.

Datuk Syed Moheeb Kamarulzaman, CEO of the Malaysian Insurance Institute, said last week that the twin expectation of a decline in new car sales and a reduction in the value of used cars would hit the

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