LPI’s premium growth to gradually pick up pace

However, Kenaga Research also expects the incurred claims ratio for the insurance company to normalise towards about 40% versus the 37.7% registered in the fourth quarter ended Dec 31, 2021 (Q4 FY21).

PETALING JAYA: As economic activity resumes, LPI Capital Bhd is expected to see continued growth in net earned premiums for the financial year 2022 (FY22).

However, Kenaga Research also expects the incurred claims ratio for the insurance company to normalise towards about 40% versus the 37.7% registered in the fourth quarter ended Dec 31, 2021 (Q4 FY21).