Malaysian Flood Insurance
Allianz Malaysia releases flood guideline for commercial and SME policyholders
Allianz Malaysia releases flood guideline for commercial and SME policyholders
It also includes flood vulnerability assessments.
Malaysia has sufficient capacity for flood insurance
However, unaffordability remains a tall hurdle.
3 out of 5 Malaysian motorists lack flood insurance
Only 34% are covered by flood damages such as falling trees.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
