Stable outlook for insurance sector


RAM Ratings senior vice president of financial institution ratings Sophia Lee

PETALING JAYA: The insurance and takaful sector has adequate capital buffers in place to withstand market volatility amid external uncertainties and rising medical cost inflation.

As such, RAM Rating Services Bhd has maintained its “stable” credit outlook for the sector, reflecting expectations of steady expansion supported by robust capital buffers.

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Bank Negara , RAM Rating , takaful

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