PETALING JAYA: Despite significant economic losses from the flooding last December, the general insurance and takaful sector has not been badly hit, says RAM Rating Services Bhd. According to its co-head of financial institution ratings Sophia Lee,( pic) the overall impact of the floods on the sector is expected to be manageable, even as more claims come through in the first quarter of 2022( 1Q). The net insured loss borne by general insurance players was estimated to be around RM1bil, which is
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2022-04-18 00:00:00.0