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PIDM issued revised DPS guidelines 

Monday, March 9, 2015 8:39:00 PM Categories: PIDM
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PIDM has issued the revised guidelines on the Differential Premium Systems (DPS), with newly introduced criterion -- funding profile. The revised DPS framework is effective from assessment year 2015. http://j.mp/TAS150309a

DLS framework for takaful to be implemented in 2016 

Friday, February 13, 2015 6:37:00 PM Categories: PIDM
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The takaful and insurance benefits protection funds will hit RM1.3 bil by end of 2015, according to PIDM. The corporation is developing a risk assessment and monitoring system which can predict the changes in insurers' ratings. The Differential Levy System (DLS) framework for takaful operators is targeted to be implemented in 2016. http://bit.ly/TAS150211a

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