The regulator has flagged widespread transparency shortcomings in car insurance renewals nearly a year after launching court proceedings against RACQ Insurance.
Malaysia is expected to expand its data centre capacity more than tenfold, ranking alongside India and Japan among the region’s fastest-growing AI infrastructure markets.
Ahead of landfall, the insurer sent 48.99 million warnings through its Eagle Eye platform, inspected 2,458 flood-prone sites and helped move more than 2,770 vehicles out of harm's way.
The initial three-month agreement is expected to pave the way for a five-year partnership focused on improving insurance affordability and resilience, RACT said.
