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Insurance Industry Grapples with Inflation and Soaring Accident Expenses

Insurance Industry Grapples with Inflation and Soaring Accident Expenses

Morning Brief

October 9, 202510m 25s

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Show Notes

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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