Regulatory issues in insurance
While the insurance industry weathered the financial crisis relatively well, acting as a source of stability in the global financial system, the turmoil exposed flaws in the way insurers are…
The impact of inflation on insurers
Inflation describes the economic phenomenon of increasing prices for goods and services. During the financial crisis, inflation risk was a real concern for many financial institutions. Insurers in particular identified…
Insurance investment in a challenging global environment
The two market collapses of the past decade have spurred many insurers to rethink their approach to investing. When markets rise rapidly and steadily, seeing only short term dips, as…
New Swiss Re sigma study highlights the significance and potential of microinsurance in supporting socio-economic development in emerging markets
Swiss Re’s latest sigma study “Microinsurance - risk protection for 4 billion people†emphasises the relevance of microinsurance as an effective and viable risk management solution for low-income individuals. Microinsurance,…
Complaint Registration Form IRDA
IRDA has the facility of registering the grievance of policyholders online. You can register at their site http://www.igms.irda.gov.in and lodge online complaint. IRDA will take up the issue with the concerned…
Valuation of Premium Receivable from Central / State Government for Computation of Solvency Position
Various general insurance companies are running health insurance schemes which are sponsored/subsidized by Central/State Government. However, the premium of such schemes are not paid upfront but paid at a later…
PUBLIC DISCLOSURES THE PUBLIC DISCLOSURES
Disclosures: Disclosure to the various stakeholders in the market is vital to the supervisory process in any jurisdiction. In an efficient marketplace disclosure is expected to achieve market discipline amongst…
India Motor Third Party Insurance Pool (IMTPIP)
With effect from 1st January, 2007, tariffs were withdrawn from the non-life insurance market. However, keeping in mind the mandatory nature of the third party business, the Authority decided to…
Saurabh Basu v. Union Of India And Others – WRIT – C No. – 9284 of 2007 [2007] RD-AH 18877 (14 Decem
HIGH COURT OF JUDICATURE AT ALLAHABAD Reserved Court No.35 Civil Misc. Writ Petition No.9284 of 2007 Saurabh Basu Versus Union of India and others Hon.Shishir Kumar, J.
Indians are becoming more aware about their health and health care needs and are increasingly using Internet to seek answers
New international research released today by Max Bupa has found that of more than one third Indians (39 %) go online for health information. The percentage of people using the…