Monday, February 28, 2011

Malaysia Business News : Motor Inusrance Premium will be gradually increase...

Last Friday, Bank Negara Malaysia (BNM) assistant governor Abu Hassan Alshari Yahaya announced that the central bank will gradually increase motor insurance premiums starting from 2012 until 2015. The premium adjustments will only apply to the bodily injury portion of motor insurance, which will be de-tariffed and liberalized in 2016.

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