Category: Grapevine

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

McDonald’s Comprehensive IP Infringement (McBlog) Insurance Policy

Move over McDonald’s, you have lost another round of court battle over the prefix of “Mac” and “Mc”. McCurry it is…. ……after a long drawn battle since the case was filed in 2001. The Federal court’s unanimous view is that McDonald’s…

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…

Daphne Iking…. dicing with the Social Insurance aspect of section 498?

Daphne Iking (Sabahan fame – TV presenter, host and brand ambassador) was having some prolonged business discussions (??) with business man, Choy Khin Ming… perhaps a couple of hours too long… making husband, Ryan Chong unhappy. He successfully dragged Mr…

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”!

There is no excerpt because this is a protected post.

Insuring 1Malaysia, from an Underwriting Perspective

Happy Merdeka or Independence Day (52nd) for Malaysia. This year’s slogan is about living the 1Malaysia concept but can we? Or have we not been doing this for more than 52 years? Since independence we went through much commotions from…

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…