KUALA LUMPUR: Malaysia Deposit Insurance Corp (PIDM) yesterday announced its Corporate Plan 2015-2017, which would involve completing a system to support the risk assessment and monitoring of insurer members.
PIDM chief executive officer Jean Pierre Sabourin said the key initiatives would involve developing a “rating prediction model” for the Takaful and insurance benefits protection funds (TIPFs) to predict any changes to the member institutions’ existing ratings.
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