TITLE

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

AUTHOR(S)
Wan Ismail, Wan Saifulrizal
PUB. DATE
March 2015
SOURCE
Asia Insurance Review;Mar2015, p48
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
101667735

 

Related Articles

  • LIP SERVICE…OR AN EFFECTIVE TOOL?  // Flying Safety;Mar2007, Vol. 63 Issue 3, p5 

    The article offers ideas on operational risk management (ORM).

  • IOR gründet deutsche Sektion.  // Risiko Manager;7/21/2011, Issue 15, p22 

    The article discusses operational risks as topic for risk management professionals, focusing on the foundation of a German section of the Institute of Operational Risk (IOR), headed by Walter Dutschke. The Institute's aims and targets include operational risk management methods, support of...

  • Malaysia, Philippines Emerge as New Markets in Record-Breaking Year for Transactional Risk Insurance.  // CFO Innovation Asia;3/27/2015, p1 

    The article offers information on the Annual Transactional Risk Report 2014 by the market research firm Marsh. Topics include emergence of Malaysia and Philippines as new markets in 2014 for transactional risk insurance, continued growth about the awareness of transactional risk insurance...

  • Risk sensitivity in distribution channel partnerships: implications for manufacturer return policies. Tsay, Andy A. // Journal of Retailing;Summer2002, Vol. 78 Issue 2, p147 

    Examines the risk sensitivity in distribution channel partnerships. Assessment of manufacturer return policies; Purpose of the return policies; Benefits of the return policy; Effect of distribution policy on channel behavior.

  • iORM -- Integriertes OpRisk Management. Dutschke, Walter // Risiko Manager;2012, Issue 11, p3 

    The article discusses integrated operational risk management (iORM), which integrates departments such as revision, compliance, and insurance management into the tradition risk management.

  • The Sociotechnical Model. Lawrence, Tom // Professional Safety;Aug2013, Vol. 58 Issue 8, p9 

    A letter to the editor is presented in response to the article "Preventing Serious Injuries and Fatalities: Time for a Sociotechnical Model for an Operational Risk Management System," by Fred Manuele in the May 2013 issue.

  • Minimising the risks. Roach, David // B&T Weekly;2/27/2004, Vol. 54 Issue 2461, p15 

    Presents a ten-point plan for minimizing risks in promotion marketing. Target audience; Aiming for the right response level; Budget for prizes; Alert for over-redemption problems; Cooperation with distribution chain; Avoidance of legal risks; Protection of reputation; Anticipation of technology...

  • Shopping for Value: Insurance Distribution in the Information Age.  // CPCU Journal;Fall99, Vol. 52 Issue 3, p140 

    Examines the nature of the traditional and innovative systems for insurance delivery and the movement of insurance delivery into the information service age. Consumers' use of the distribution channel; How most consumers purchase personal insurance coverage; Information that consumers want to...

  • Operational Risk Management to the Rescue. Grody, Allan D. // Securities Industry News;5/26/2008, Vol. 20 Issue 21, p4 

    The author reflects on the operational risk management framework of Basel II. He believes that a financial institution offers the risk culture embedded in its people and processes as its greatest protection against failure, if not capital. An overview of Basel II is offered. The author suggests...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics