News Non-Life06 Jan 2023

Malaysia:More take up flood cover

| 06 Jan 2023

Owing to a raised consumer awareness of the risks of damage to property and assets that arose from recent flash floods, the Motor (Comprehensive) insurance flood take-up rate has more than doubled in 1H2022 to 12% compared to 5% for the full year 2021, says the General Insurance Association of Malaysia (PIAM) in a report.

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