ONE of the largest local composite players, MCIS Zurich Insurance Bhd, is in the process of revamping its entire non-life sector, a move which will involve “selective” participation in future general insurance business.
“Gone are the days when the main focus was on greater market share and growth in premiums. These twin factors are no longer considerations and what we want to do from now on is to single out specific portfolios in general insurance that are both practical and viable,” its chief executive officer L. Meyyappan said during an interview.
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