Malaysian general insurers' underwriting profits fall 11%

Posted On: Aug. 28, 2019 5:38 AM CST

Data from the General Insurance Association of Malaysia showed that general insurers' underwriting profits fell 11% year-over-year to 455 million Malaysian ringgit ($108 million) in the first half, Asia Insurance Review reported. The general insurance sector's gross direct premiums slipped 1.4% to nearly MYR 9 billion.