News Non-Life18 May 2022

Malaysia:Flood insurance lacks demand in a market where capacity is sufficient

| 18 May 2022

Insured losses arising from the Great Malaysian Flood in December 2021 could amount to approximately MYR1.5bn ($342m) to MYR2bn, according to an assessment by Malaysia Reinsurance, says Mr Zainudin Ishak, president & CEO of the reinsurer.

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