One Sunday morning, a wealthy man sat in his balcony enjoying sunshine and his coffee when a little ant caught…
Revision to illustration rates in Policy Illustration
A possible reduction in bonuses for insurance policy was mentioned about a year ago. Come 1st July 2021, the upper and…
Portfolio-based vs Claim-based Premium Pricing
There are generally two methods when it comes to premium pricing for insurance and they are either Portfolio-based or Claim-based.…
Will your motor insurance policy pay a $13.6mil claim?
On the 2nd May 2021, a judgment was passed for an accident that happened in 2014. The payout amounting to…
Agent’s commission and its effect on integrated shield plans
In the recent weeks, we had read about the changes in integrated shield plans(IPs), increase in premiums and more importantly,…
