Insurance - , , Malaysia
Perlindungan dan Indemniti Malaysia Sdn Bhd, better known asP&I Malaysia was the brainchild of the Ministry of Transport andforms part of the government's strategy to enhance Malaysia'smaritime infrastructure whilst increasing insurance premiumretention in the country. This 100% government establishmentaspires to be a preferred marine liability insurance provider inthe ASEAN region. The rst task entrusted to P&I Malaysia wasto create an aordable marine liability insurance scheme tofacilitate compliance with the compulsory insurancerequirements under the Merchant Shipping Ordinance 1952(as amended by Act A1393) for small ships below 300GT. P&IMalaysia's structure is compact , will grow advanced andcompetitive with its P&I marketplace.
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