Category: Managing

Widow of Zurich CFO to confront insurer at AGM over suicide

Seven months after the suicide of Zurich Insurance finance chief Pierre Wauthier, his widow is set to confront the company over its handling of the tragedy, reopening a scandal that unsettled investors….

Hiring the best for the insurance industry | Learning from Google

Leadership – in particular emergent leadership as opposed to traditional leadership. Traditional leadership is, were you president of the chess club? Were you vice-president of sales? How quickly did you get there? “We don’t care. What we care about is, when faced with a problem and you’re a member of a team, do you, at the appropriate time, step in and lead. And just as critically, do you step back and stop leading, do you let someone else? “Because what’s critical to be an effective leader in this environment is you have to be willing to relinquish power.”






5 types of people who never succeed at work | Human Resources Online

They exist in every office. The people who moan, who are afraid of change and who don’t stick around long enough to complete a job. As their boss, colleague or mentor, you are probably annoyed by them every day, but here’s the thing – these people will almost never, ever succeed in their careers….






Malaysia-Based BEST RE Entities Downgraded

Malaysia-based BEST RE entities downgraded and kept on watch on weakened group status and stand-alone credit profile Profile Source: Standard & Poor’s  August 8, 2013  Overview | We have revised our view of the BEST RE subgroup’s status relative to its parent,…

New enforcement date | Personal Data Protection Act 2010

New enforcement date of the Personal Data Protection Act 2010 has just been announced and it is 16 August 2013. This was as reported by Baker & McKenzie | »Announcements have been made by YB Dato’ Sri Ahmad Shabery bin…

FOREIGN WORKERS COMPENSATION INSURANCE | Some Interesting Statistics

Surprisingly in 2008 there was reported a total of 2.06 million foreign workers registered in the country but here the statistics just show some 50% of that reported numbers. Well… this is despite the fact that Subsection 26 (1) of Workmen’s Compensation Act 1952, having direct that all employers of foreign workers must ensure that the workers are insured all of their foreign workers within the Foreign Workers’ Compensation Scheme designated by the Human Resources Minister. The Subsection 26 (1) of Workmen’s Compensation Act 1952 specifically states that failure to do so is an offence and if convicted, the employer would be fined not more than RM20,000, or jailed for not more than two years or both.






The simple sides of the Marketing?

What is marketing and how funny would that be? 1. You see a gorgeous girl at a party. You go up and say: “I am very rich. Marry me! “. – That’s Direct Marketing. 2. You are at a party…

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…

Foreign Workers Related Insurance Schemes | Pay Extra, Gain Competitive Advantages

Foreign Workers’ Insurance – from Foreign Workers Compensation Scheme (FWCS), Foreign Workers Hospitalisation & Surgical Insurance Scheme (or SKHPPA) to Foreign Workers’ Insurance Guarantee (FWIG)  , they provide a really handsome profit for the insurance industry.  Now, that’s the reason why…