LPI
LPI Capital Bhd (“LPI”), previously known as London & Pacific Insurance Company Berhad, is an investment holding company. The Company changed its name to LPI Capital Bhd and transferred its entire insurance business to a wholly owned subsidiary, Lonpac Insurance Bhd (“Lonpac”) after a rationalisation scheme on 1 May 1999.
LPI was established on 24 May 1962 as a private limited company and was registered as an approved insurer on 9 April 1963 under the Malaysian Insurance Act, 1963. LPI shares were listed on the Second Board of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 8 January 1993 and subsequently were transferred to the Main Market of Bursa Securities on 17 January 1997.
Core Business LPI Group remains significantly focused on its core business in the general insurance market through its wholly-owned insurance subsidiary. It offers a wide range of general insurance products and services covering various general insurance classes namely, property, liability, pecuniary, employees’ benefits, projects, motor, marine as well as personal products insurances. Both fire and motor classes occupy 1/3 each of the gross written premium.
