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BNM: Insurers to spread out change in premiums over minimum of 3 years

Bank Negara Malaysia (BNM) has announced interim measures to help manage the impact of medical and health insurance and takaful (MHIT) premium adjustments

It said insurers and takaful operators (ITOs) will spread out the changes in premiums over a minimum of three years for all policyholders affected by the repricing, and this measure will remain in place until the end of 2026.

“With this measure, at least...


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