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International

Insurance sector to remain resilient despite pandemic

April 17, 2020 Reprints

Malaysia-based RAM Rating Services Berhad expects the local insurance sector to remain resilient this year despite the considerable economic impact of the Covid-19 pandemic, Malay Mail reports citing BERNAMA. The strong capitalization of insurers should cushion the impact of financial markets volatility as well as higher capital charges amid low interest rates and mounting credit stress.

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Insurance sector to remain resilient despite pandemic

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