Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Friday, 27 June 2008
Risk Management Depository
We are starting a new topic on Risk Management. The objective is to create a central depository for risk management lessons learned in the insurance industry worldwide.
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An audit firm has been fined for failures in its duties as auditor of Independent Insurance. Independent Insurance collapsed in 2001. The actuarial consulting firm alerted that the reinsurance contracts taken out by Independent did not stack up but the auditor failed to check the terms of the reinsurance treaties.
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Labels: Risk Management
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
Previous Posts
- MAA Expects to be Back in the Black
- One Less Suitor, One More Suitor
- Maybank to Enter Pakistan Takaful Market
- News in Brief
- Takaful Medic-Save Rider
- More Potentials for Retakaful Business
- Kurnia's New CEO
- Kurnia to Acquire KIT
- No Privatisation
- Privatisation is an Option?
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