AXA Affin Assurance Bhd, a leading player in the motor insurance sector, expects a better set of results this year, partly due to the company's cost cutting and risk management measures.
President and chief executive officer Giles R. Ward said that for the financial year ended Dec 31, 2003, the company is confident that it would be able to achieve more than 10% growth in gross premiums from last year's RM251mil. AXA Affin's gross premiums for 2001 stood at RM217mil.
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