Month: March 2014

      A) Introduction In Asia - Pacific zones we are all witnessing unprecedented frequency and severity of Natural Catastrophe like     Japanese Tohoku Seaquake Tsunamis causing financial…

  INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY FLASH FIGURES -- NON LIFE INSURERS GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF FEBRUARY, 2014 (` in Crores) (` in Crores)  …

      Introduction Property & Casualty (P&C) insurance industry was highly impacted by large catastrophic losses and soft market in 2012.  P&C insurers struggled to improve their Combined Ratio…

      The caption of this article needs some explanation - to keep the readers - especially those engaged in selling - and the author on the same plane…

      Introduction: The client often approaches the underwriters to grant storage cover at the intermediate places in conjunction with marine transit policy.  Such storage at intermediate places is…

Introduction: All of us are aware of the fact that with the enactment of the Insurance Regulatory and Development Authority Act, 1999 the Indian Insurance Regulator IRDA was established. IRDA…

 Introduction Acts of God perils or Natural Catastrophe perils are 'Insurable' so far as they are "Reinsurable". The incidences of increasing frequencies and severity of events of losses caused by…

Introduction Marsh defines micro insurance as insurance that is designed specifically for the low income market. If given appropriate products, processes and knowledge, the low income consumers can get a…

  Indian laws on accident claims are quite stringent. The laws were formulated by prioritizing the best interests of the victims and those who are liable to disburse the compensation,…

      1. Abstract 1-1. Back to basics- Cover -Liability and Premium 1-1-1. Whether the basic policy and premium for motor TP insurance provided in the Indian Motor Tariff,…