Blog: AirAsia CEO sells shares in Tune Insurance

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2 comment(s). Last comment by AhSook AhKou 2014-12-29 17:59

eftee

1,210 posts

Posted by eftee > 2014-12-29 15:56 | Report Abuse

I don't think his planes are insured by own company. Too big to take. Just normal selling

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2014-12-29 17:59 | Report Abuse

As said before it is a very know factor Travel Insurance is very high risk business for the premium charged against cost of claims - more than 6% claims frequency will burnt scheme ! Of course , Tune Ins is involve with AirAsia's liability insurance through captive/reinsurance schemes . I assumed at least 10% retention risk !!!!

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