Fire insurance review would not be overly detrimental to LPI


KUALA LUMPUR: A liberalisation of fire class insurance would not be overly detrimental to LPI Capital Bhd's portfolio as the review would not affect the non-housing policies in the group's business segment, says Kenanga research.

"[LPI] Management concurs that impact, if any, would be gradual. That being said, referred business from Public Bank would still support this segment’s GEP despite adverse market conditions," it added.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Reaping the Max from streaming
The ringgit recovery
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Singapore playing roulette with casino licensing
Bidding big on Malaysian art
Inflation rises slightly in October
Building a firm facade

Others Also Read