EUROPEAN SECURITY: Malaysian Insurance Requirements for Vehicle Security

Table of Contents

1. Executive summary

• 1.1 Overview
• 1.2 Current insurance situation
• 1.3 Future insurance changes

2. Malaysia

• 2.1 Market situation
  • 2.1.1. Theft data
  • 2.1.2. Theft reduction initiatives
• 2.2 Insurance system
  • 2.2.1. Insurance association
  • 2.2.2. Types of insurance
• 2.3 Cost of ownership
  • 2.3.1. Insurance classification
  • 2.3.2. Damage and repairability (D&R)
• 2.4 Security requirements and benefits
  • 2.4.1. Door lock requirements
  • 2.4.2. Devices for protection against unauthorised use requirements
  • 2.4.3. Alarm system (VSAS) requirements
  • 2.4.4. Immobiliser system (VSIS) requirements
  • 2.4.5. Benefits for security
  • 2.4.6. Future developments

List of figures

• Figure 1. Malaysian market
• Figure 2. Malaysian new car sales (passenger cars only)
• Figure 3. Malaysian market share by Vehicle Manufacturer
• Figure 4. Malaysian theft data
• Figure 5. Malaysian theft recovery data
• Figure 6. Security system benefits in Malaysia

List of tables

• Table 1. Vehicle thefts (by manufacturer) in Malaysia
• Table 2. Most stolen vehicles in Malaysia
• Table 3. Most stolen non-domestic vehicles in Malaysia
• Table 4. Market share of motor insurance companies in Malaysia
• Table 5. Summary of Malaysian insurance requirements
• Table 6. Malaysian locking system requirements
• Table 7. Malaysian devices for protection against unauthorised use requirements
• Table 8. Malaysian alarm system requirements
• Table 9. Malaysian immobiliser system requirements
• Table 10. Malaysian insurer' s SVT system promotions