LPI Capital focuses on insuring mainly second-hand cars and lesser on new vehicles
PETALING JAYA: LPI Capital Bhd
could experience pressure on its fire insurance underwriting margins in light of further tariffs.
In a report yesterday, AmInvestment Bank Research said Bank Negara will be reviewing Phases 1 and 2 of the adjustments to the fire and motor tariffs that have been completed after June 2019.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
