De-tariffication of motor and fire insurance premiums expected


PETALING JAYA: The de-tariffication of the motor and fire insurance premiums is still seeing the finer points being worked out and would incorporate premium bands to prevent the risk of under-pricing of premiums.

Industry players also expect the de-tariffication to come on stream by the middle of next year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

S&P affirms Public Bank’s ‘A-’ rating with stable outlook
Indonesia, Malaysia have approved asset transfers to new Eni-PETRONAS JV, PETRONAS exec says
Pecca appoints Mazlan Mansor as chairman
BHIC swings to profit in 1Q26, eyes expansion in defence segments
DRB-HICOM’s 1Q26 net profit more than doubles
Genting posts higher 1Q26 profit; Genting Malaysia slips into loss
7-Eleven Malaysia’s 1Q profit halves despite higher revenue
Asteel wins RM14mil contract
MNRB FY26 profit soars to RM545.4mil, sets new earnings benchmark
Scanwolf wins RM11mil factory job

Others Also Read