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Insurance firms post 12.4pc premium income growth, BUSINESS TIMES

By Habhajan Singh
Publication: Business Times (Malaysia)
Date: Tuesday, March 12 2002


Business Times (Malaysia)

03-12-2002

MALAYSIAN insurance companies' premium income grew by 12.4 per cent to
RM17.1 billion last year compared with RM15.2 billion in 2000.
The growth of the premium income was 28.6 per cent in 2000 against the
earnings of 1999 at RM11.8 billion.
In the Insurance Annual Report 2001 released yesterday, Bank Negara
Malaysia said the insurance industry continued to record positive growth
in the face of a challenging economic environment.
The premium income growth was largely driven by the life sector,
p

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