Author: malaysiainsurance

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

A “little bit all over the place” on Aviation Insurance

I felt sort of  priviledged having experienced underwriting some aviation risks over the last couple of years. So it is a feel good thing for me to pen something about aviation risks…..(by the way, that’s not me!) hopefully getting them in the correct…

Berjaya Times Square – Summer Street Fest 2009

  Today is the start of Berjaya Times Square’s Summer Street Fest 2009 and will last until Sunday, 26 July. They said is STREET CARNIVAL time, and adding flavour to the three days street festival are strolling buskers and Latin percussionists…

Communication is very important… it is really NOT about language

Over the weekend while having some discussion on the subject of english with my Korean friend, YB Lee from Korean Re, he stressed to me, while having a strong grasp of English Language is important but it is still not…

I am getting sleepy… Manchester United!

Manchester United fan club

I have not been to a grandstand live-action sports for a long time since my father took me to one when I was a very small boy. July, 18th I took my kids to ManU versus M’sia. Started our journey…

Amendment to Malaysia Limitation Act 1953 – (1) Getting some terms correct…in proposed S24A

Malaysia Limitation Act

Click On Proposed s24A, B, C Limitation Act Taking from where I left off the last time on 11th June and before the whole episode drifted out from my mind, here are some real concerns in respect of the proposed amendment – insertion of…

Thinking of reconceptualising ISM-NCD database submission?

While reviewing my previous write-up: ISM_NCD system & the future of it….felt something might have crawled into my brain cells….Yep! I think my brain cells are still functioning….after some heavy drinking session! While in the previous write-up, I may have written…

Formation of a Syariah-compliant Captive by “Kwai Lo”?

Just in case we missed this piece of recent news – Labuan International Business and Financial Centre (IBFC) is looking towards developing the world first set of guidelines on syariah-compliant captive insurance. Kudos! Another First for Malaysia…..can’t say of the…

Hello! Anyone removing Clause 5.3?

insurance rebate

We have written in our previous post on June 22nd – The growing pains of direct premium rebating…… Looks like no one seems to notice the importance of doing away with Clause 5.3 of the Inter-company agreement on General Insurance…

Are you insuring any foreign registered aircraft?

In Malaysia, foreign registered aircraft can be used only for private purposes, ie. company staff and families. The aircraft cannot be used for hire because the rules said, the aircraft should only be operating where they are registered. Thus if…

A new Motor insurance POOL for old motor vehicles?

Click to read:  Premium Tambahan Kereta Lama I am not sure whether our industry is having too many spoke-persons, our Deputy Finance minister, Datuk Chor on 6th June told the press  that the government would be setting up a motor insurance…