Share I-G Training Pte Ltd (IGT) with its new business model is the new power-house for insurance related training in the South East Asia region. I-G Training Pte Ltd (IGT) is established to provide technical and practical training to the general insurance and reinsurance industry. It is managed by experienced insurance practitioners and well supported by a strong pool of experienced facilitators. IGT is committed to serve the insurance market in Singapore and...
Share What does Trade Credit Insurance means to business organisations, in particularly for those that operate in Malaysia? Trade Credit Insurance was developed to provide solutions to inherent risk of buyers defaulting and/or insolvency. Trade Credit Insurance is also a financial risk management tool which covers the losses sustained by a firm because of the non-payment of a trade debt.It is really about according protection to a business organisation’s trade receivables….. The following are...
Share The PIDM Guidelines 2011 (for Takaful and Insurance benefits Protection System {TIPS} – submission and returns on calculation of premium)…. …..has just been introduced. Except for the issue date of this guidelines that was on 11 March 2011 nothing much was mentioned about the implementation date. Nonetheless the guide did mention about the insurers and takaful operators being obliged to pay up the prescribed premium when due – at least we know the...
Share Forensic Services (M) Sdn Bhd The word “forensic” is generally misunderstood by the majority of people. This is again largely because of the proliferation of television shows and movies that are produced these days that relate to the forensic gathering of evidence. Check out what Forensic Services, Malaysia has to offer….. @www.forensic.cc Generally, the main reasons for investigating accidents are in respect of the following: Large loss requiring due diligence Determination of liability...
Share In view of the many earthquakes occurring around the world, Malaysia Insurance Online has come up with a widget to link our readers to those occurrences. adv_username = "malaysiainsurance"; adv_gid = "malaysiainsurance_default"; adtype = "336x280"; Currently we limit the monitoring to USGS > 2.5 on the richter. Please scroll down and you should get the sight of the widget on your right hand side…. Updates are quite frequent to the tune of every...
Share At times we may be requested to issue a Contractors’ All Risks policy in Malaysia to insure an overseas’ risk, either the risk being an incidental part of the main risk or it is the main risk itself. Usually is more incline to the latter. Under such circumstance, it is important to take note of the policy jurisdiction from two aspects as it is normal for underwriters to forget about section II in...
I salute technology power for it continues to amaze me again and again, or was it those people behind all those technology creations or inventions that I should focus on? Anyway it doesn't matter because this is really another of those "chicken and egg" situation as to people first or technology first. Now with a Blackberry I could enhance connectivity into my blog's admin panel albeit, features and functions are limited. It is still cool......
Share MSWG simply means Minority Shareholder Watchdog Group I am a fan of MSWG, they are just so down to earth calling themselves WATCHDOG, and of course DOG! For the purpose of this writeup, we wish to write something on Syarikat Takaful Malaysia Berhad’s coming May 5th 2011 AGM. This AGM is scheduled to be held at Dewan Ahmad Ibrahim, Dataran Kewangan Darul Takaful, Kuala Lumpur. If you are a shareholder, do go there...
Share Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed. The IMB said the “sharp rise was driven by a surge in piracy off the coast of Somalia, where 97 attacks were recorded in the first quarter of 2011, up from 35 in the same period last year. “Worldwide in the...
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