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Insurance Industry Grapples with Inflation and Soaring Accident Expenses

Insurance Industry Grapples with Inflation and Soaring Accident Expenses

Published 10 months, 3 weeks ago
Description

Antony Lee, Deputy Chairman of the General Insurance Association of Malaysia (PIAM), explains the factors contributing to higher repair costs for electric vehicles and their implications for long-term ownership and insurance premiums. He also highlights how medical costs are rising faster than insurance premiums.


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