Practice and pricing in non-life insurance: the Malaysian experience

• Main Authors: Pan, Wei Cheong, Abdul Aziz Jemain,, Noriszura Ismail,
• Format: Article
• Language: English
• Published: Penerbit ukm 2008
• Online Access: http://journalarticle.ukm.my/1846/1/JQMA4%281%29-02-pan-drk.pdf; http://journalarticle.ukm.my/1846/; http://www.ukm.my/~ppsmfst/jqma/index.html

The pricing of premium for fire, motor and workmen’s compensation insurances in Malaysia is governed by their respective tariffs formulated by Persatuan Insurans Am Malaysia (PIAM). The main objective of tariffs is to guarantee that the premium price will always be above or at the level required, en...