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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Ageing populations and rising mortality main concerns for life insurers and reinsurers