Liberalisation of the industry whilst raising the bar - Is this a paradox?

Wan Ismail, Wan Saifulrizal
March 2015
Asia Insurance Review;Mar2015, p48
Trade Publication
The article highlights the regulatory and market developments in the Malaysian insurance industry. Guidelines and concept papers introduced cover matters such as LIFE Framework, appointed actuary and operational risk management. The potential advantages from transformational shifts to liberalization are discussed that include enhance professionalism of distributors, introduction of the role of appointed actuary for general insurance firms, and diversification of distribution channels.


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