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Motor Insurance Liberalisation To Drive Fairer Pricing

KUALA LUMPUR, July 3 (Bernama) -- The liberalisation of motor insurance in Malaysia which began on July 1 will drive fairer ways of pricing based on individual's risk profile, said AmGeneral Insurance Bhd.

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Deficit Talent In Islamic Finance Impacts Quality Sukuk Issuance
Bank Islam's 147th Branch Opens In Kodiang

 
Bank Islam Signs MoU To Drive Digital Platform

Overseas Assurance Corp Rebranded As Great Eastern Insurance
Disaster Insurance Scheme To Be Introduced Nationwide - Shahidan

 
Insurance Industry Needs To Continue Innovating To Combat New Competition

CLOSING, TUESDAY, AUG 22
US 4.2790/2830
S'pore 3.1399/1439
100 Yen 3.9138/9193
Sterling 5.4925/4985
Euro 5.0291/0355
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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