Malaysia Insurance Insurance Assist
Latest Story

Roles of Insurance Agents | Rules and Regulations Perspectives

January 22, 2012
By
Life can be like that

Are you an insurance agent? Do you know what your roles are in as far as the governing laws are concerned? This may be of interest to you. Insurance agents must take their role as contracted personnel of an insurer and that someone who solicits and connects a policyholder with the insurer. Therefore the agent has a contractual responsibility to both insurer and policyholder and their representation has heavy legal weightage. The Malaysian Insurance...

Read more »

2012 New Motor Insurance Premium Framework | Motor Insurance Online

January 15, 2012
By
car-in-between

New Motor Insurance Premium Framework | How are your motor insurance premium computed and How much more are you going to pay for your motor insurance in 2012? Get the answers here…. In case you do not know, starting this 16th January 2012 the Malaysian Insurance industry will be imposing some small increases to...

Read more »

2011 Bank Negara Malaysia’s Guidelines & Circulars | Malaysia Insurance News

December 31, 2011
By
The importance of buying insurance

Auld Lang Syne 2011 and Happy New Year 2012! We are arriving at the doorsteps of 2012, so Malaysia Insurance Online wishes to thank you guys for faithfully arriving at our site in 2011 and hope you guys would be likewise doing so faithfully for the new year 2012. But, please do it with...

Read more »

Salary Increment in 2012 | The Malaysian Perspectives

December 19, 2011
By
vv-lay2

Salary Review and Promotion for the Insurance and Takaful Industry – Predicting it for 2012 Reviewing some of my previous writeup on salary increment and promotion, did some serious checks on market salary (+pay package) comparison lately and having gone through an extensive appraisal review recently on staff performance I think I...

Read more »

Overseas Insurance Coverage | Overseas Locations and Contingency Business Interruptions

November 29, 2011
By
Approximately 2/3 of Bangkok was submerged under water for more than a month

Is your company providing coverage extension for overseas location? What about extension for Customers’ premises and Suppliers’ premises in respect of Business Interruption or Consequential Loss Insurance cover? The recent massive flooding in Thailand has caused havoc to reinsurers operating within the region. Expected...

Read more »

Insurance Companies: Putting Generalists Above Specialists for Technology Transformation Project

October 31, 2011
By
Indian-in-space

Insurance Companies and Takaful Operators | In Technology Transformation Project I read K. Ram Sundaram’s article on Why It Is Important To Put Generalists Above Specialists for Your Technology Transformation Project at Insurance & Technology website with interest for I tend to think there are elements of truth to...

Read more »

Insurance Companies Snooping on Twitter and Facebook Accounts?

October 16, 2011
By
An-Affair-to-forget

In US and Europe markets it is already a common thing for insurers to check various information of individual by “snooping” on to the social media platforms as a form of intelligence gathering. Insurers use of social media for anti-fraud purposes is no more a violation of...

Read more »

Buying Your Motor Insurance with Passenger Liability Extension Cover?

October 9, 2011
By
You got a pillion rider and some liabilities!

This posting is about Legal Liability to Passengers (LLP) or in simple term, “Passenger Liability” – talks about what’s being covered and what’s not, including the insurers’ obligation under the Road Transport Act (RTA) to cover passenger liability in identified situation and circumstances.  ...

Read more »

What is Sanction Limitation and Exclusion Clause? What are the Implications?

September 10, 2011
By
Omitting the Sanction Limitation & Exclusion Clause is a big burden to carry

The Sanction Clause as what Malaysian insurers called it has effectively found its place in the industry on 1st April 2011. What exactly is this Sanction Limitation and Exclusion Clause or Sanction Clause in short? This Sanction Clause had on 1st April 2011 found its...

Read more »

An Insurance Dilemma in Non-disclosure, Misrepresentation or Concealment of Material Facts

August 27, 2011
By
Insurer thinks Assured must adhere strictly to all the instructions

Issues of non-disclosure, concealment or misrepresentation of Material Facts A common confrontational piece between insurer and assured - in the guise of non-disclosure, misrepresentation or concealment of material facts, which in this case (outlined below) under discussed here was about the health aspects of the life assured. She bought the...

Read more »

Safety Supervisor, made compulsory for construction site

Got this from the email chain, thought was funny post it over this site. May the real owner provide us with the connection so that we can link it over to his or her site?

It is welcome news for the insurance industry that Site Safety Supervisor is a requirement at construction sites. No doubt this should improve safety at site for workers specifically and ensure safety for the public in general but unsure how this implementation could improve...

Read more »

Overseas Tax on Reinsurance Premium ceded to Foreign Reinsurers

August 6, 2011
By
The real onion and the toxic onion

Overseas tax applicable on reinsurance premium This writeup is really for those who are engaged in reinsurance functions; treaty and facultative alike. It is normal for us to charge a 1.25% (back in 2007 and before we charged 1.40%) on the amount of premium...

Read more »

Free Updates from Malaysia Insurance Online

Fill out the form below for industry updates and we'll drop you a summary.

If you are a registered agent, please provide your agency name so that we can deliver industry documents to you. Do note our strict privacy policy keeps your email address 100% safe & secure. No selling and No spamming.

Check Latest

Recommended Search


All Malaysian Bloggers Project - TX2

Insurance Quote
  • About Us
  • Affiliates
  • Newsletter
  • Consumer
  • Grapevine
  • IndustryConnect
  • Insurance Coverage
  • Insurance eCommerce
  • Insurance Practices
  • Intermediary
  • Managing
  • Motor Insurance
  • Reinsurance segment
  • Specialised Risks
  • 2012
  • 2011
  • 2010
  • 2009