Gradual rise in motor insurance premiums


Motor tariff

PETALING JAYA: The latest adjustment to motor insurance premium rates, to come into effect on Feb 15, will not have a significant impact on insurers’ bottom lines, according to analysts.

Many view this as a gradual increase in premiums and not a big boost to earnings of motor insurers, as the move is part of the detariffing of motor insurance premiums which will be completed by 2016.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Business , motor premiums

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read