Category: Grapevine

The twists and turns of the industry…. but there is always something for everyone.

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.

Continuous Professional Development (CPD) Guidelines for General Insurance Agents & Staff of Bancassurance Partners – Keeping it simple

lim bee yan

It has been more than 4 years since the guidelines were introduced on 1/1/2005 but it has hardly changed…… 🙄 It has been more than 4 years since the guidelines were introduced on 1/1/2005 but it has hardly changed discounting…

The Pos M’sia factor… Political or Insurers’ own doing?

All insurers writing non-life insurance business in Malaysia are required to take up share in the Malaysia High Risks (unplaced) Motor Pool, now named as Malaysia Motor Insurance Pool (MMIP) during its formative stages; back in 1992. The shares are…

Management Corporation – of insurances and service tax waiver

Over the last one year, there have been pressure from the marketing teams (obviously driven by broking distribution sectors) to push for the waiver of service tax supposedly apply for all insurance policies issued to Joint Management Body (JMB) and Management…

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…

The new No Claims Discount (NCD) Mantra

This may or may not be good news for all…. When ISM-NCD system was implemented in 2007, the operating framework was nothing but on a parallel run; one leg with IT platform and the other leg with the usual manual…

Preparing Agents for De-tariffication

I read your blogs with written topics concerning the readiness of our agency force with interest. We can refresh with the following blog materials: How agents are preparing for mandatory motor rebate The growing pains of direct rebating Having been…