I send this e-mail to MAS
Please pass this e-mail to your colleague in charge of the insurance department.
The UK office of fair trading has asked the competition commission to study the issue of
the charges for motor repairs made by third party insurers.
A similar situation applies in Singapore. The overcharging is quite serious and has caused
the motor insurance premium to be much higher than it should be.
The difference in Singapore is much larger than reported in the UK.
I will be quite happy to elaborate, if someone in MAS is interested to
take up this matter.
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