Insurance

  Overview  

Our Expertise


Skrine has represented both local and foreign clients in respect of insurance disputes. Our lawyers are highly experienced in insurance law.

 

Notable Experience

  • Acted for and advised a leading reinsurance operator/the world's first Sharia compliant in a reinsurance dispute involving a claim in excess of RM22 million and a counterclaim in the region of RM400,000. Matter was finally settled out-of-court.
     
  • Defended a leading reinsurance company in a reinsurance dispute involving a disputed debt of RM20.5 million.
     
  • Advised and acted for a major and leading reinsurance company in a reinsurance dispute involving Facultative Reinsurance Agreements and Original Policy. The total disputed debt is in excess of RM800,000.00. An issue arose as to whether the Facultative Reinsurance Agreements contain an arbitration clause which refers all disputes between the parties, including those concerning the amount of any loss or damage arising from the Facultative Reinsurance Agreements to arbitration.
     
  • Advised and acted for a reinsurance company in a reinsurance dispute involving Retrocession Contract. The disputed debt amounted to USD5,806,673.06. We successfully struck out the suit on the ground of multiplicity of proceedings.
     
  • Advised and acted for a leading reinsurance organisation in Malaysia in a reinsurance dispute against an Indian insurer involving a sum of USD111,576.00 arising out of the 2011 Thailand floods.
     
  • Advised and acted for a leading reinsurance company in Malaysia against an insurance company in Thailand over a retrocession treaty dispute involving a sum of USD274,219.00 arising out of the 2011 Thailand floods.
     
  • Defended a major and leading insurance company in Malaysia in a dispute regarding nomination in insurance policy.
  • Acted for one of the country’s largest life insurers in a dispute regarding repudiation of policy on the ground of non-disclosure of material facts.
  • Advised a leading multinational corporation on coverage of Group Term Life Insurance and Group Personal Accident Policies taken out by the corporation/employer for the benefit of the employees.
  • Advised and acted for one of the top two life insurance players in Malaysia in a dispute concerning misrepresentation and breach of insurance policy.
  • Advised a leading integrated telecommunications company in Malaysia on coverage of Directors and Officers Liability Insurance Policy.
  • Advised insurer regarding unlawful and/or unauthorized use of insurer’s name in pamphlet / leaflet circulated to the public.
  • Advised a leading insurance company in a dispute regarding termination of Agent’s Agreement and Agency Manager’s Agreement.
  • Advised on coverage of Professional Indemnity Insurance policy.
  • Advised on interpretation of various sections in the Malaysia Insurance Act 1996 (the “Act”) in particular interpretation of the words “intimation of claim” under Section 161(1) of the Act in respect of payment of interest at 4% per annum on delayed payment to claimants.
  • Advised on coverage of Terrorism and Sabotage Insurance.
  • Advised on payment of policy monies under a life policy and personal accident policy.
  • Advised a company listed on the main Board of the Bursa Malaysia and the pioneer and industry leader in the 4-digit numbers forecast betting game on coverage of Lotteries, Games and Totalisator Services Errors and Omissions Indemnity Insurance.
  • Advised on policy coverage in respect of Public Liability Insurance, Erection All Risks Insurance and Commercial Vehicle Policy.

 
ACCOLADES & AWARDS

Benchmark Litigation Asia-Pacific 2018

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We are pleased to announce that our firm is recognised as a Top Tier Firm in the inaugural Benchmark Litigation Asia-Pacific 2018. Some of our partners were also listed in the rankings.

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Who’s Who Legal Awards 2018

alb-mla-2018-winner

We are pleased to announce that Skrine has once again been named Malaysia Law Firm of the Year. The award was conferred at the Who’s Who Legal Awards 2018 on 8th May 2018 in London, United Kingdom.

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Asian Legal Business Malaysia Law Awards 2018

alb-mla-2018-winner

Skrine has been ranked as Arbitration Law Firm of the Year and Maritime Law Firm of the Year.

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The Chambers Asia Pacific 2018 Rankings

Skrine has been ranked as Leading Firm for Dispute Resolution, Intellectual Property and Projects, Infrastructure & Energy.

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PDPA NOTICE

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