LPI Capital seen facing margin pressure

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.