23 June 2022

Underwriting Risk in the Reinsurance Industry

Every insurance claim entails a certain amount of underwriting risk for the insurance company, which can be mitigated by the underwriting process.

Read more here.


Underwriting Risk in the Reinsurance Industry

When we submit an insurance claim in the event of an accident, injury or disastrous event, how does the insurance company determine the amount to be compensated to the insured?

In disastrous events such as floods or fires, does the company have enough to pay for all the insurance claims? Every insurance company faces underwriting risk with every insurance claim, which can be mitigated by an underwriting process.

THE UNDERWRITING PROCESS EXPLAINED

09 June 2022

Can TOP GLOVE weather the effects of NORMALISATION by falling from the sky?

In less than 2 years' time, Top Glove Corp Bhd's quarterly profit went from a historical high of RM2bil to a mere RM15.3mil in their latest quarter. 😭😭😭


Today, 9 June 2022, Top Glove announced its financial results for the 3QFY2022, delivering quarter-on-quarter growth in Sales Volume, despite prevalent challenging market conditions amidst the normalising trend.

Key highlights here:

05 June 2022

[Investment Scam] How to Spot and Prevent Imposters from Adding me to Telegram Groups?

Did you know that scammers can add you to a channel or a group depending on your Telegram settings? πŸ‘€

Just because the members of the group chat are actively interacting with one another, it doesn’t mean that the account is “real”.


The most common type of scam is get-rich-quick-schemes a.k.a skim cepat kaya which promise exorbitant returns that are guaranteed. 

It is essential to recognize the common patterns of scams to avoid being a victim. Don’t get tricked on Telegram. We come across a very insightful post from AffinHwang Asset Management and think that this will be beneficial to our readers here too.

Here are some ways to stay safe online and not get scammed by imposters:

01 June 2022

Why Genting Berhad’s associate --- TauRx Pharmaceuticals Ltd --- looks so Promising?

While the company was incorporated in 1968 and listed in 1971, the Genting Group was founded in 1965 when its founder, the late Tan Sri Lim Goh Tong started the journey to realise his vision of building a mountaintop resort in Malaysia.

Since then, the group is involved in leisure and hospitality, oil palm plantations, power generation, oil and gas, and property development.



A new breath of life is coming...

Let's welcome to the new era led by his son Tan Sri Lim Kok Thay, who steers the group forays into new industries such as life sciences and biotechnology. And, the new ventures are beginning to yield positive results now.

New drug to treat Alzheimer’s ???

31 May 2022

SC Exposes the Modus Operandi of Clone Firms and here you go...

The Securities Commission Malaysia (SC) today disclosed the findings of its investigation into 10 clone firm scams, to arm investors with greater awareness on the modus operandi of these scams in order to spot and avoid them.


What is a Clone Firm Scam?

Clone firm scams are generally companies that fraudulently impersonate a legitimate or a licensed entity, including misusing the name and logo of a public listed company (PLC), corporate credentials and website, to dupe investors and solicit funds.

[[[ Read also 😎 ]]] SC: Beware of Clone Firm Scams 

Oh right.
What is the modus operandi of those scams?