Seriously! Captive Insurance – A Foe or Friend?

Risk-based Capital (RBC) framework has taken effect since 1st Jan 2009. With all Captive insurers (“Captives”) registered under the Offshore Insurance Act (OIA, 1990) having no approved financial strength rating (fsr), it is difficult to see how “Captives” can generate interest among…

Insuring the Trailers – according to the tariff

It is mind boggling with the tariff section relevant to TRAILERS. It is very difficult for the Insured to ensure that the insurer insuring their prime mover (“Vehicle”) and the trailer attaching to it must be the same. What if…

The Pos M’sia factor… Political or Insurers’ own doing?

All insurers writing non-life insurance business in Malaysia are required to take up share in the Malaysia High Risks (unplaced) Motor Pool, now named as Malaysia Motor Insurance Pool (MMIP) during its formative stages; back in 1992. The shares are…

Management Corporation – of insurances and service tax waiver

Over the last one year, there have been pressure from the marketing teams (obviously driven by broking distribution sectors) to push for the waiver of service tax supposedly apply for all insurance policies issued to Joint Management Body (JMB) and Management…

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…

Berjaya Times Square – Summer Street Fest 2009

  Today is the start of Berjaya Times Square’s Summer Street Fest 2009 and will last until Sunday, 26 July. They said is STREET CARNIVAL time, and adding flavour to the three days street festival are strolling buskers and Latin percussionists…