General insurance. In FY09, Allianz has been aggressively growing its motor segment but this trend is expected to reverse in FY10, as it looks for healthier premium portfolio mix. In fact, this strategy has commenced in 4Q09, as gross premium in the quarter declined by 27.9% qoq, as it has put more stringent underwriting policy in containing motor premium growth. Thus, claims ratio is expected to remain below industry average atcirca 60% p.a..
Allianz Malaysia Berhad : To Grow Both Life and General Business - 01/03/2010
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