Insurance industry expected to perform better in 2003


THE insurance industry is expected to perform better this year compared with 2002, according to industry players. Last year, the life and general business recorded premium growth of 16.2% and 10.9% respectively.  

MCIS Zurich Insurance Bhd chief executive officer L. Meyyappan said the general and life sectors were expected to record “very good” performance this year. MCIS Zurich is a leading composite insurer in the country. 

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