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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Monday, 20 April 2009
Bond Insurance
Edward I. Altman, finance professor of New York University has called for MALAYSIA to establish a bond insurance market to lift investor confidence and spur the bond industry.
Altman said the market requires solvent insurance or government insurance so that in the event it fails, investors would be repaid.
He pointed out that the proposal to establish a government guarantee fund or insurance in the country, would bring a positive effect to the market, only if the premium to be paid by the company is reasonable.
Source: Business Times
Labels: Insurance
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.
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