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More than half of SMEs uninsured in Malaysia

Posted On: Jul. 16, 2019 7:08 AM CST

Malaysia-based Axa Affin General Insurance Berhad said that more than 50% of local small and medium-sized enterprises have not purchased insurance, The Star reported. Emmanuel Nivet, head of Axa Affin, said that SMEs do not consider insurance a top priority and could be vulnerable to disruptions related to fire, disaster and cyber risks.

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