Category: Grapevine

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

The Press Metal Effect | the underwriting sides of things

The recent RM150 million claim on machinery breakdown and machinery breakdown loss of profit was another eye opener, especially for the underwriting fraternity and those that involved with reinsurance. The following are some snapshots that may be of interest to…

Hong Kong Insurance Industry, A Globalised Deal

It was an experience writing my thoughts while on the plane about to enter into the “jerebu” (aka haze) of Kuala Lumpur. I thought to myself, what did I achieve over the last couple of days running around in Victoria…

MAA Group: What’s that issue with arbitration against Zurich Insurance?

Got to read the following article in The Sun News, where MAA Group has filed for arbitration for a dispute with Zurich Insurance – what exactly is the dispute (other than the amount being RM131 million) was not made known,…

Buzz around the Malaysian insurance industry

We work in the insurance industry where at times rumours and hearsay may travel faster than our pace at work; of course we get the buzz coming from our grapevine, some being rumours and hearsay, but some are definite news…

Your Rights As A Motor Vehicle Passenger Under Road Traffic Act 1987 Section 91(1)

all pretty girls passengers

Rewriting Our Private Car Insurance Policy In The Era Of Plain Language Policy Wordings I have to say, “All of us are passengers…. either at this very moment or sometimes in the near future”, but how much do you know…

Scammers Riding On The AirAsia Brand | AirAsia Insurance

Air Asia Travel Insurance

Nowadays everyone rides on a successful brand, and this one is about AirAsia where the scammer has categorically stated that you have won a particular lottery draw and you have to provide them with the relevant information as being depicted…

Singapore Insurance Industry | Some little dosages of Malaysian additives

This week I am on a working trip in Sin Jia Poh (Singapore) and a couple of things creep through my mind…. And before I forget it is best to capture them, have them compiled and uploaded it on this…

Best Re at its lowest | Malaysian Insurance Industry affected?

Best Re rating

BEST RE’s FINANCIAL RATING PERFORMANCE POSITION — THE MILLION DOLLAR QUESTION Best Re (Labuan) Ltd. was once a darling reinsurer of the Malaysian insurance industry, especially for the non-life markets. Most difficult risks got placed simply because of the presence…

Bank Negara Circulars and Guidelines 2012 – 2013 | Insurance & Takaful Industry

 Bank Negara Guidelines & Circulars issued in 2012 and being implemented in 2013. As we enter 2013 it is refreshing for us to take a glimpse of what’s would be brewing in the next couple of months and I take…

Motor Insurance Claim Handling Process

I like this article that was written by one Ms Lim Ka Ea, on her recent experience trying to understand how the motor claims handling process works…. You can view it over at the malaysian insider. I can understand her…