Cover Story: MNI – Catering To Local Needs
Source: Asia Insurance Review | Jan 2006
There are not many
Asian P&I insurance providers outside Japan and many Asian insurance companies
had found it hard to penetrate the P&I market which is now dominated by
the Clubs in the International Group. Malaysian National Insurance Berhad (MNI),
a leading marine hull insurer in the Malaysian market, has taken the first step
to venture into this new class of business in October last year with a fixed
premium P&I product. Encik Mohd Najib Hj Abdullah, Chief Executive
Officer/Director, tells Asia Insurance Review why he sees this as an
opportunity for MNI.
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