Archive for January, 2010

Insurers to adopt new vehicle valuation system

01.05.2010 · Posted in Insurance News

(Business Times, 7th November 2009) Insurers and takaful operators have agreed to incorporate into their motor insurance policy a reference point to determine the market value of vehicles. Last month, both Bank Negara Malaysia and the General Insurance Association of Malaysia (Piam) endorsed Insurance Services Malaysia’s automotive business intelligence system (ISM-ABI). The ISM-ABI is the ...

Kurnia Insurans CEO resigns

01.05.2010 · Posted in Insurance News

(Business Times, 6th JAN 2010) Captain K.H. Chia says he is resigning on his own accord to pursue his own aspirations and hints that his next move might be in the life insurance segment Kurnia Insurans (Malaysia) Bhd managing director and chief executive officer (CEO) Captain K.H. Chia has resigned, after just 17 months on ...