In a filing with Bursa Malaysia yesterday, Takaful Malaysia said the family takaful business generated gross earned contributions of RM1.61bil for FY18, a 27% increase against the RM1.26bil in the previous corresponding period.
THE insurance industry has the potential to grow if economic factors allow it and the attitude of people towards such services changes.
If this happens, it could see companies in the sector potentially profiting greatly from the trend.
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