Motor Coverage Drives Chartis Prospects

AIG Global Services Malaysia Chief Representative of AIG Malaysia, Matt Harris discusses: - Broad overview - update - business - focus areas - since last interview; - Agency workforce - Geographical distribution - age - duration as agent - expertise - professionalism; - The ‘Barbecue Test’; - 27 licensed general insurance companies - competition - how address; - Chartis’ ranking by premiums underwritten - whether size a focus; - -Malaysia tariff rating structure — set price and set style of product features and benefits -- how differentiate; - Travel insurance - recent decision MATTA - mandatory travel insurance - impact; - Motor biggest component - whether business be slowing - tighter lending guidelines; - How address - slowdown; - Motor Insurance - claims ratios; - Motor insurance rates -- unrevised for >30 years - Developments; - Rates generally - trend in Malaysia generally - factors - BNM regulation; - Contrast - US business insurance rates; - Investment - AUMs - Equity - Bonds - Cash - levels; - Investment income - trend; - IT and application software solutions - AIG’s operations around the world - People - additional investment - challenges: human capital; - Promoting long-time staff Soo Wai Har to Deputy CEO - implications - spare time. See omnystudio.com/listener for privacy information.