Fire insurance review would not be overly detrimental to LPI


KUALA LUMPUR: A liberalisation of fire class insurance would not be overly detrimental to LPI Capital Bhd's portfolio as the review would not affect the non-housing policies in the group's business segment, says Kenanga research.

"[LPI] Management concurs that impact, if any, would be gradual. That being said, referred business from Public Bank would still support this segment’s GEP despite adverse market conditions," it added.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 53
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

The rise of online financial fraud in Malaysia
Cybersecurity experts share their views
Letter to the editor
Dutch Lady losing dividend appeal
Currencies crack as dollar dominates
Stable currency is a must for the economy
Persistent overhang
Kechara Soup Kitchen set for expansion
Making peanut butter cool again
The winding road to a 15% global minimum tax

Others Also Read