Life insurance industry to achieve between 5% and 10% growth


KUALA LUMPUR: The life insurance industry is expected to record a growth of between 5% and 10% in insurance coverage this year, according to former president of the Life Insurance Association of Malaysia (LIAM) Vincent Kwo.

The industry recorded a 6.9% growth in insurance coverage amounting to RM1.17 trillion in 2014 compared with RM1.09 trillion recorded in 2013.

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