Month: January 2011

Several major catastrophes in 2010 resulted in substantial losses and an exceptionally high number of fatalities. The overall picture last year was dominated by an accumulation of severe earthquakes to…

This paper introduces a capital consumption methodology for the price evaluation of reinsurance in a stochastic environment. It differs from the common practice of risk-based capital allocation and release by:…

A valid cut-through provision allows an individual or entity that is not a party to the contract with the reinsurer (i.e., the insuredemployer) to have direct rights against the reinsurer…

Underwriting and claims settlement are the two most important aspect of the functioning of an insurance company. Out of any insurance contract, the customer has the following expectations:

Developing an effective Risk Management Plan is an important part of any project. Unfortunately, this step is often avoided with the "deal with it later" attitude.

Developing an effective Risk Management Plan is an important part of any project. Unfortunately, this step is often avoided with the "deal with it

The Essential Guide to Reinsurance has been published by Swiss Re. The Guide will be very useful to understand the working of Reinsurance practice and help you to get useful…

Tata AIG's Home Secure Supreme is a flexible home insurance plan which can be customized for Individual needs. The plan offers you 15 comprehensive coverage options to choose from.

INTRODUCTION Indian Motor Third Party Insurance Pool (IMTPIP) has been set up by all General Insurers in India to collectively service Commercial Vehicle Third Party Insurance business. Insurance Regulatory and…

Mumbai, January 29, 2011: Here are some startling facts about dismal Insurance penetration in our country that served as a starting point for us to do something radically different as…