A group of PKR MPs has called for Bank Negara Malaysia (BNM) to intervene and investigate insurers and takaful operators (ITOs) who continue to raise premiums despite BNM’s directive to review them first.

At a press conference today, Bayan Baru MP Sim Tze Tzin questioned whether BNM would take action against ITOs ignoring its instructions.

“We, as representatives of policyholders, now pose these questions. Will ITOs comply with BNM’s directive, or will they...