Author: malaysiainsurance

Free-form insurance blogging - anything on earth.... maybe outer space but that's necessarily on and about insurance

Noordin Mohd Top, provocateur in Terrorism Insurance….

The masterful bomber and artful dodger who escaped many attempts to capture him is finally dead! Noordin Top is a Malaysian and his presence in Indonesia helped raise the splinter group of the Jemaah Islamiah (JI) which handed numerous bombings…

MyEG Services in “www.myeg.com.my” insurance venture, a path less travelled…

MyEG.com.my

In recent days, My E.G. Commerce Sdn Bhd (including MyEG Services Berhad) and their insurance principals are consistently lambasted with complaints coming from other insurers. Most cited the blatant breach or disregard the existence of General Regulation 33 of the Motor Tariff, Guideline on…

Advertising on Facebook

Imagine the insurance industry utilising Facebook as a method of niche marketing. But unfortunately none in existing times! Are we missing out on a great opportunity to reach out to hundreds of millions of active users. 😮 Something for the…

Referral Risks and Declined Risks…. What are these?

Your boss gave you a list containing “Referral or Referred” risks 😕 with specific instruction that your agents cannot accept them but to make referral to you. You would have to assess whether you have the authority to accept such…

How has the recent global financial crisis affected the Reinsurance markets?

financial crisis

If you are requested to write this assignment in no less than 3,000 words, this is actually a luxury rather than a pain in the ass! I remembered when doing my assignments for my MBA two years ago, the university…

The x% factor in Incidental Wet Risks as prescribed in the Engineering Proportional

Yesterday’s negotiation seeking the amendments of the “Wet Risks” exclusion wordings draw a flak with the lead reinsurers not giving way…. My intention was basically to get them to agree to the characteristics of wet risks which I have outlined…

Protected: The ISM-NCD enhancement like “Killing us softly with his song”!

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The Wet Risks Elements in the underwriting of Construction, Erection and Infrastructural Projects

Is the project site on or near any water filled environment? What is the percentage of the contract value that is of wet elements? Does the project has any incidental wet elements or is the whole project being a wet…

Writing the Malaysian Power Plants… The leader in One-eyed Jack?

power plant insurance losses

A recent very large loss (estimated at RM95.5 million) stemming from damages to a transformer over at a Independent Power Producer (IPP)  GB3 station at Pantai Remis, Perak did raise some eyebrows…. In just about half the calender year of 2009, two major…

Protected: Ex-Top Executives of PanGlobal Insurance charged over misuse of insurance fund…. the first Malaysian Insurance Act – Prosecution! Creativity that brought the downfall?

There is no excerpt because this is a protected post.