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”!

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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…

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…

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…