PETALING JAYA: As economic activity resumes, LPI Capital Bhd is expected to see continued growth in net earned premiums for the financial year 2022( FY22). However, Kenaga Research also expects the incurred claims ratio for the insurance company to normalise towards about 40% versus the 37.7% registered in the fourth quarter ended Dec 31, 2021( Q4 FY21).In the Q4 of FY21, LPI posted a net profit of RM73. 07mil, which was 23.3% lower from the same period a year ago amid lower underwriting profit
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2022-02-09 00:00:00.0