Tuesday 27 October 2009

The recent budget introduces a mandatory basic insurance coverage

Insurance

A basic insurance and takaful scheme will be offered to provide mandatory basic insurance coverage for third party bodily injuries and death. The scheme is expected to be introduced by mid-2010.

Positive for insurance companies (Kurnia (NR), LPI (NR)) and banks with major insurance subsidiaries such AMMB (AmAssurance)

http://malaysiainfoedgezone.blogspot.com/2009/10/market-strategy-after-budget-2010-full.html

http://www.box.net/shared/uj9jmp9h63

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