The, study of the investment portfolio of life insurance business in Malaysia / David Mathew Baru … [et al.]

Baru, David Mathew and Jaapari, Awang and Druce, Lucas and Sarkinah, Shamsul and Siros, Presley (1985) The, study of the investment portfolio of life insurance business in Malaysia / David Mathew Baru … [et al.]. [Student Project] (Unpublished)

Abstract

"The -first rumblings of the Insurance Industry in Malaysia did not take place until the 18th. Century. Hitherto, Insurance activities were largely non-existent. The Insurance industry then was mainly based on the British system because of the advent oi Colonialism. Local participation was negligible because of ignorance and lack of expertise. The 1950's witnessed the spiraling growth in the industry. A substantial 'portion of the market was cornered by British and American firms although locally Incorporated Companies were making their presence felt. After independence in 1957, nationalistic sentiment resulted in moves to content the establishment of wholly-owned subsidiaries or branches of foreign companies which- had previously been allowed a ,free reins. Given much encouragement, the domestic companies were poised to make further inroads into the' market. However, the boom was marred by many companies which did not have sound underwriting practice. A number of companies went out of business leaving their policyholders high and dry.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Baru, David Mathew
82088502
Jaapari, Awang
82004695
Druce, Lucas
82001227
Sarkinah, Shamsul
82358942
Siros, Presley
82007257
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
., Samiappan
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Insurance > Life insurance
Divisions: Universiti Teknologi MARA, Shah Alam > Faculty of Business and Management
Programme: Diploma of Business and Management
Keywords: Insurance, life, business
Date: November 1985
URI: https://ir.uitm.edu.my/id/eprint/30974
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