Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.

"49,000 people in Malaysia is newly diagnosed with cancer in year 2020 and is expected to rise to over 66,000 people annually by year 2030" said our Health Minister Khairy Jamaluddin.

Water is linked with everything. Around 60% of our body is made up of water, and around 71% of the Earth surface is covered with water. However, the interesting is that drinking water is often not in our priority list.

Lately, since end of last year 2021 insurers has requested new claim documents before approving any claim payments. This is to comply with Bank Negara requirements in line with the AMLA (Anti-Money Laundering & Anti-Terrorism Financing) Act 2001.

Many Malaysians are more concerned about protecting themselves from robbers and serious accidents than disasters such as Flood.

A car owner was relieved he had purchased a Special Perils Insurance coverage for his vehicle as it was damaged in the recent floods that badly hit the Klang Valley.