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RAM sees stagnant general insurance premiums


  • Insurance
  • Thursday, 14 Mar 2019

RAM Ratings expects general insurance premiums to stay stagnant due to  the progressive impact of tariff liberalisation and as the country’s economic growth moderates.

RAM Ratings expects general insurance premiums to stay stagnant due to the progressive impact of tariff liberalisation and as the country’s economic growth moderates.

KUALA LUMPUR: RAM Ratings expects general insurance premiums to stay stagnant due to  the progressive impact of tariff liberalisation and as the country’s economic growth moderates.

It said on Thursday life insurance new business premiums were also expected to chart a modest 1%-2% rise, given weaker consumer sentiments and rising cost of living concerns. 

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