Category: Insurance Coverage

Insurance covers concerning Property and Pecuniary classes

Noordin Mohd Top, provocateur in Terrorism Insurance….

The masterful bomber and artful dodger who escaped many attempts to capture him is finally dead! Noordin Top is a Malaysian and his presence in Indonesia helped raise the splinter group of the Jemaah Islamiah (JI) which handed numerous bombings…

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…

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…

The Wet Risks Elements in the underwriting of Construction, Erection and Infrastructural Projects

Is the project site on or near any water filled environment? What is the percentage of the contract value that is of wet elements? Does the project has any incidental wet elements or is the whole project being a wet…

New Product in the Making… Insuring your Land with Title Insurance?

land Title Insurance

Funny! Why we ought to have some form of insurance protection for our land…but in Malaysia this is the real fact. With the growing number of land scams and increased value of property involved, serious measures, including protection by the law, are…

AH1N1…. Did the government declare it as a disease requiring quarantine by law?

We have written an article titled “The A H1N1 pandemic…. Is your Health Insurance covering you?” back in June 15 this year describing that AH1N1 is an excluded risk in the Health Insurance policy in any event the government having…

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…

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…

Understanding Transmission & Distribution Lines Exclusions

In 2008 reinsurers were focusing on China as the powerhouse for substantial premium growth. Malaysian reinsurers too refused to be left out in pursuing this glorious path, so it seems. Before the lunar New Year, a substantial and devastating snowstorm ravaged Hunan, Hubei, Guizhou,…

Your Personal Accident policy covers against Passive War?

All basic Personal Accident policies exclude wars (whether declared or otherwise), which means all forms of wars or war-liked operations are not covered. The question is what if you are travelling to a country where there is no war but…