My Insurance Haven Everything you want to know about insurance

Bar Council unhappy with insurance scheme proposal

Bar Council unhappy with insurance scheme proposal
THE legal fraternity has described Bank Negara Malaysia's proposed reform of the third-party motor insurance scheme as "evil" and against public interest. The Malaysian Bar Council is opposing vehemently the proposed RM2 million liability cap and the set-up of a new company (Newco) to manage the scheme. Its president Ragunath Kesavan said a motor insurance scheme must provide adequate protection ...

Read more on Business Times