Insurers seize climate change opportunity with over 600 new products. Report finds number of new climate change and low carbon related insurance offerings doubled last year. by James Murray, BusinessGreen, 03 Apr 2009 The insurance sector is responding rapidly to the opportunities presented by climate change and the emergence of low carbon technologies with a ...
(via The Malaysian Reserve) by Habhajan Singh The central bank’s recommendation back in 2001 to establish prudential risk management standards has contributed to a significant strengthening of the life insurance sector, says the nation’s life insurance body. “Insurance companies are now very adequately capitalised based on the risks undertaken by the companies. “Risk management practices ...
(THE EDGE) KUALA LUMPUR: Rob Ryan, AIG General Insurance (Malaysia) Bhd’s new chief executive officer, has assumed the crucial task of an effective communicator and salesman at a crucial time of the insurance giant’s history. This comes at a time when it is not unusual for market chatter to swirl around the fate of its ...
Via PIAM A DECADE ago, Malaysian car theft syndicates sold stolen vehicles to local workshops, criminals and unsuspecting buyers. Now, they are busy filling the orders of foreign buyers from as far away as Sierra Leone and South Africa. Also involved are people who are not syndicate members, but brokers who match the suppliers to ...
via PIAM CAR theft syndicates are investing in their members by sending them on courses. A source revealed that some syndicate members, especially those on the ground, are sent to Japan for a three-month course to learn about alarm systems and how to disable them. “Japan is the country of choice because it is the ...