Category: Insurance Coverage

Insurance covers concerning Property and Pecuniary classes

Covering your Pub with Liquor Liability Insurance…..

Searching for Hoegaarden

Thanks God, It’s Friday! That’s what T.G.I.F means…… My friend who had some “happy hours” drinking session, drank one mug too many, rubbed his arm against some chicks’ busts….. then whacked by some weirdos and busted with his face falling…

A single-Project (Design & Construct) Professional Indemnity prerequisite……

Your company is the owner of the project with one of the main building having just collapsed, or something like the collapsed roof belonging to the Terengganu Stadium (The Sultan Mizan Zainal Abidin Stadium). On the other hand, what if…

Old vehicles on third party insurance are costing the insurance industry hundreds of millions annually…. but would converting them to comprehensive helps?

buy insurance for old cars

Performance of old vehicles in a nutshell. It is already common knowledge that old vehicles (≥ 15 years category) in the absence of adequate loading on the tariff gross premium are not writable risks, and especially so where more than…

The simple side of Risk-based Capital (RBC)

Rewriting the Malaysian Risk-Based Capital (RBC) for underwriters and claims handling personnel. A Weblog from the past on RBC framework as seen from the eyes of a General Insurance underwriter…… Compared to the previous solvency margin methodology, this RBC is abit…

Sex Insurance, the Product (P1) Concepts

A LESSON ON NEW PRODUCT DEVELOPMENT I would love to move on by starting work on the other 3 Ps – P2 for Positioning, P3 for Pricing and P4 for Promotional but alas I have a friendly reader who insisted…

What do you mean by FRONTING a risk?

fronting the insurance risks

  Having sat in numerous meetings involving discussions on subjects relating to Risk-based Capital (RBC) and Risk Management & Compliance (mainly to do with the BNM’s directive in respect of JPI/GPI 22) I noticed people having differing understanding and opinion…

SEX INSURANCE…. Don’t leave your spouse alone without one!

Sex for insurance and insurance for sex

Lesson on NEW PRODUCT DEVELOPMENT When my boss directed me to come up with a product that must eventually make it as the best selling insurance product of all times, I was bewildered…. by the way he sarcastically thought so…

Performance Bond, Insurance Guarantee and Credit Insurance… Aren’t these also Financial Guarantees?

Over the last couple of years you get questions consistently being posted as to whether performance bond, insurance guarantee and credit insurance granted by insurers can also be categorised as financial guarantee. Conceptually, Performance Bond, Insurance guarantee and Credit Insurance…

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…