Liberating the Malaysian Motor and Fire Insurance Tariffs
In the first phase (the first year of implementation, starting July 1), the industry will be allowed to offer “new products” and optional add-on covers at market rates. This can include, for example,...
View ArticleDetariffing Motor & Fire Insurance and Liberalisation of the Malaysian...
The (BNM) Bank Negara's Concept Paper on “PHASED LIBERALISATION OF MOTOR AND FIRE TARIFFS” is out, posted on their kijang-net portal and awaiting responses (until 29 April 2016) from insurance...
View ArticleThe Horses Mouth | The Concept Paper for Detariffication and Liberalisation...
BNM is not exactly sure how to deal with those queries put forth by the audience. We were not sure if those queries confuse BNM or BNM's replies having confused the audience; ultimately they think...
View Article10 Years of De-Tariffication in India
Follow This article was written by one, Ayush Jain to mark the 10th year of detariffication of the non-life insurance in India, quite timely though if we read this from the Malaysian perspective…....
View ArticleA Period Of Silence Or Blackout Before Premium Rates Change On 1st July 2017
Follow The General Insurance industry is slowly changing (although we may not have noticed those changes) in the face of the liberalisation roadmap for motor and fire insurance practices; a “Roadmap”...
View ArticleGeneral insurance premium set to go up from April 1
Follow By PTI | Updated: Mar 26, 2017, 07.55 PM IST This is an India thing but it makes good reading considering Malaysia is also implementing the detariffication of our Motor and Fire insurance...
View ArticlePractice Notes 00002 of 2017 on Motor Insurance Detariff Do’s and Don’ts
Follow The Practice Note dated 20th June 2017 that contains the Regulator’s latest FAQs was certainly not anything good for the Non Life industry, definitely not when Hari Raya is just around the...
View ArticleDetariffication experience in Asia
Follow Premium rates for motor and fire insurance are regulated or tariffied in several countries. In a tariffied regime, premium rates are controlled, usually for reasons of public policy. Conversely,...
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