The Testaments out now
A Matter of Risk: Insurance in Malaysia, 1826-1990 (Hardback)
  • A Matter of Risk: Insurance in Malaysia, 1826-1990 (Hardback)
zoom

A Matter of Risk: Insurance in Malaysia, 1826-1990 (Hardback)

(author)
£69.95
Hardback 480 Pages / Published: 30/01/2012
  • We can order this

Usually dispatched within 2 weeks

  • This item has been added to your basket
The insurance industry in Malaysia is a large and important sector of the economy in terms of capitalization, business turnover, assets, and the number of employees. Insurance companies played a crucial role in early Western economic expansion into Malaya, underwriting shipping, mining, and plantation ventures to protect entrepreneurs from excessive risk. The scope of the insurance business later broadened to cover fire risks, motor insurance, and workmen's compensation, while war risk coverage helped ensure that the economy continued to function during the 1940s and 1950s. After independence, the social and political environment of independent Malaysia offered new opportunities for the insurance industry. A Matter of Risk shows how insurance companies established themselves in an unfamiliar environment, marketed new products, responded to diverse demands and safeguarded market share and profit against competition. Local firms faced a major challenge as overseas insurance companies moved from running agency offices to setting up of branches, taking over or collaborating with existing companies, and eventually incorporating themselves as local companies. The study looks at the role of tariff associations and insurance trade organizations such as the Persatuan Insurans Am Malaysia (Malaysian General Insurance Association) in maintaining order in the industry through self-regulation.

Publisher: NUS Press
ISBN: 9789971696689
Number of pages: 480
Weight: 1070 g
Dimensions: 229 x 153 mm

You may also be interested in...

Upstream and Offshore Energy Insurance
Added to basket
Against the Gods
Added to basket
The Trade Lifecycle
Added to basket
Dictionary of Insurance Terms
Added to basket
Insurance for Dummies
Added to basket
Reinsurance in Practice
Added to basket
Contractors' All Risks Insurance
Added to basket

Please sign in to write a review

Your review has been submitted successfully.