Revision of motor insurance a continuation of rate adjustments, says PIAM

KUALA LUMPUR: The General Insurance Association of Malaysia (PIAM) clarified today that the revised motor insurance premium was a continuation of the motor tariff premium rate adjustments under the new motor framework.

"The revisions are only applicable to private cars, public taxis and express buses while the rates for other types of vehicles will remain the same," it said in a statement.