LPI Capital expected to lead in fire class insurance market


PETALING JAYA: Despite LPI Capital Bhd’s subdued sentiment from the industry’s de-tariffication in the fire class insurance segment, Kenanga Research says the group has potential to remain a leading player in the market.

In a note, the research house also said LPI’s close affiliation with Public Bank Bhd will continue to boost the group’s prospects in particular because of the high demand for mortgages.

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