KUALA LUMPUR: Price war and competition between insurance companies will likely occur following the liberalisation of motor and fire tariffs starting July 1, 2017.
The prices for the products will be liberalised and the “licensed persons” will be able to determine the premiums or takaful contribution rates for them.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
![](https://cdn.thestar.com.my/Themes/img/sub_paywall_TSM.webp)
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!