PETALING JAYA: Syarikat Takaful Malaysia Bhd (STMB) is targeting a contribution growth (similar to premiums in conventional insurance) of 10% to 15% for the financial year ending Dec 31, 2018 (FY18).
STMB expected a favourable outlook for the takaful industry in 2018, stemming from a low takaful or insurance penetration rate and rising medical costs.
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