KUALA LUMPUR: Bank Negara passes measures to help public with rising insurance premiums, including directing insurance providers to limit premium rises to not more than 10% per annum.
The central bank said there will also be a one-year pause in premium for policyholders aged 60 years and above.
Related stories:
- Rising premiums, rising concerns – the ethics of healthcare costs in Malaysia
- Experts warn that employees could be on the losing end with the looming rise in insurance premiums
- Insurance premiums face scrutiny as hike comes amid record profits by private hospitals, insurers
- Health insurance companies called to explain increase in premiums
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
