{"id":133174,"date":"2021-08-02T11:14:38","date_gmt":"2021-08-02T03:14:38","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=133174"},"modified":"2021-08-02T11:14:38","modified_gmt":"2021-08-02T03:14:38","slug":"bests-market-segment-report-am-best-assigns-stable-outlook-to-malaysias-non-life-insurance-industry","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=133174","title":{"rendered":"Best\u2019s Market Segment Report: AM Best Assigns Stable Outlook to Malaysia\u2019s Non-Life Insurance Industry"},"content":{"rendered":"\n<p><strong>SINGAPORE, Aug 2 (Bernama<strong>-BUSINESS WIRE<\/strong>) &#8212; AM Best <\/strong>has assigned a stable market segment outlook to Malaysia\u2019s non-life insurance industry, based on the sector\u2019s underwriting discipline and robust pricing, as well as increased use of digital solutions to enhance data and pricing capabilities, claims automation, product innovation and distribution.<\/p>\n\n\n\n<p>In its <em>Best\u2019s Market Segment Report<\/em>, \u201cMarket Segment Outlook: Malaysia Non-Life Insurance,\u201d AM Best states the economic fallout from COVID-19 is expected to remain a key challenge for the Southeast Asian country\u2019s non-life segment for at least the near term. A slight contraction in non-life insurance premiums was offset partially by growth in health insurance, as the pandemic boosted demand and raised awareness for health and medical products. Looking ahead, AM Best expects the health line of business to remain an important driver of the non-life industry\u2019s growth.<\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=40660\">http:\/\/mrem.bernama.com\/viewsm.php?idm=40660<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, Aug 2 (Bernama-BUSINESS WIRE) &#8212; AM Best has assigned a stable market segment outlook to Malaysia\u2019s non-life insurance industry, based on the sector\u2019s underwriting discipline and robust pricing, as well as increased use of digital solutions to enhance data and pricing capabilities, claims automation, product innovation and distribution. In its Best\u2019s Market Segment Report, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/133174"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133174"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/133174\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133174"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}