Tag: technical underwriting

A Boeing 747-400 JOY-RIDE that can be explosive to your Excess of Loss Protection!

1st May 2010 morning did provide some heart-troubling scenes for those who were within the Golden Triangle location to witness. Morons made moronic decision – just because those pilots were senior and experienced crew, with each having clocked over 10,000 flying…

Is your Performance Bond portfolio measuring up to a Judicial’s under-cut swing?

Judges are people who can make or break an organisation or perhaps make some scurrying for a solution….  Sometimes they manufacture decisions that are so damned structural but yet defying the layman simplicities,ie. a straightforward interpretation of sentences and words.…

ISM – ABI, a market-valuation connectivity in the waiting?

ISM - ABI

  After Kurnia and ISM announced the ISM – ABI system’s MARKET VALUATION tie-up, which involve integrating Kurnia’s front-end point-of-sales system with ISM – ABI system, my phone(s) were flooded with calls enquiring and query as to why we were…

Underwriting the Risk-Karma

THE NORMAL EYE

I have always wanted to pen something really unconventional… compensating for my equally weird, quacky, quirky life…. I have managed to search out one of those articles (WRITTEN IN THE PAST – last year) to help take me through to…

FM Global is now a Labuan Offshore Financial Services’ registered reinsurer!

FM Global

FM stands for Factory Mutual – basically FM is a mutual insurance company with headquarter in Johnston, R.I., US. Globally, FM is known as FM Global, to some, it’s FMG. I have came across the FM Global’s Industrial All Risks’…

Underwriting Energy Insurance with I-G Training’s International Seminar

The experts used to say, “Watch out for the four “C’s” of insurance protection for the oil and gas explorer or operator — contracts, coverages, costs and claims” The contracts identify the indemnities and liabilities in exploration or oilfield agreements…

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…

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…

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…