KUALA LUMPUR: LPI Capital Bhd
will continue to face industry headwinds such as stiff competition, higher risk claims and moderating industry growth, says Affin Hwang Capital research.
The research house said in a note that it anticipates potentially lacklustre gross written premium (GWP) growth in the motor and fire classes as well as higher claims ratio due to higher hospitalisation claims, persistent motor claims and the risk of large event marine, aviation and transit losses in 2020E.
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!
