(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 only approved ...
(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 the ...
(Business Times) 10 DEC 2009, CHARTIS Malaysia Insurance Bhd, formerly AIG General Insurance Malaysia, is embarking on a three-pronged strategy to grow its total gross premiums to 7.5 per cent next year, says its top executive. Chief executive officer Rob Ryan said the company is strengthening its agency force, expanding its branch footprint nationwide and introducing ...
KUALA LUMPUR, Nov 20 (Bernama) — Malaysia Airlines (MAS) is making it easier for air travellers to buy travel insurance online by opening up MHinsure to Malaysians, Singaporeans and Australians. “With the opening of MHinsure to travellers in Malaysia, Singapore and Australia, we are confident we will see more than 70 per cent growth in premium ...
20 October 2009, By BERNAMA KUALA LUMPUR — Public-private partnerships between the government and insurance players will be essential in providing suitable insurance schemes and developing risk mitigating mechanisms particularly when facing catastrophies, says Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz. With the increasing catastrophies that have been associated with global climate change and ...