Traffic crawling along Jalan Kuching as many make a beeline for the shopping complexes.
PETALING JAYA: General insurance companies are expected to see increased competition in the pricing of motor insurance premiums, but the insurance association does not think a price war will erupt within the industry.
“It is unlikely that the financial impact on motor insurers will be significant, as the liberalisation of the tariff is done gradually and in phases to ensure market stability,” said General Insurance Association of Malaysia chairman Anthony Lee.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
