KUALA LUMPUR: Malaysia’s general insurance industry sees steady growth in 2014 on rising disposable income after recording 6.6% growth in gross premiums to RM12.423bil in the third quarter of 2013 from RM11.658bil a year ago.
The General Insurance Association of Malaysia's (PIAM) chairman, Chua Seck Guan, said on Tuesday the growth was supported by the expansion of the general insurance industry, increased premium contributions from the motor insurance sector.
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