KUALA LUMPUR: The general insurance industry has recorded an increase in gross direct premiums of 10 per cent to RM19.4 billion for 2022 compared to 2021.
However, underwriting profit contracted by 23 per cent to RM1.56 billion mainly due to losses in both motor as well as medical and health insurance lines of business.
Uh-oh! Daily quota reached.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!