th02
Read More

Thailand: Fee ceiling curbs motor insurance

The insurance regulator is being urged to reconsider the ceiling on brokerage commission fees for motor insurance in order to accommodate existing market conditions, as the motor insurance segment has posted losses for five straight years. Kheedhej Anansiriprapha, executive director of the Thai General Insurance Association (TGIA), said the net loss ratio for motor insurance […]

Read More
malay04
Read More

Household debt remains an issue in Malaysia

PETALING JAYA: Expensive property prices continue to put a heavy burden on the lower income group, placing homeowners with high mortgages among the most vulnerable to potential financial shocks. Bank Negara, in its half-year financial stability review, said while the share of household debt held by borrowers earning less than RM3,000 per month has declined, […]

Read More