BFSI Product Marketing and Distribution Summit 2018
Background This summit was organized by Inventicon Business Intelligence on 4th and 5th July in Holiday Inn Hotel in Mumbai. I got the opportunity to Chair the summit for two…
BIMTECH launches Insurance Lab
The BIMTECH Insurance Lab was inaugurated on 25.8.2018 by Prof (Dr.) H. Chaturvedi, Director, BIMTECH and Mr. S.K. Mehra, MD & CEO, Health Insurance TPA of India Ltd in the presence…
Premiums in advanced markets face headwinds
Non-life premium growth in advanced markets remained broadly stable in 2017 at 1.9%. In the US, the non-life industry benefitted from higher rates in motor business, while prices in commercial…
India Post looks to spun off life insurance business into separate unit
In order to increase financial inclusion, the Department of Posts is planning to build on its life insurance offerings that would be spun off as a separate unit. “We have two good…
Global insurance premiums continued to rise in 2017 with emerging markets leading the way, latest Swiss Re Institute sigma study says
Global insurance premiums increased 1.5% in real terms1 to nearly USD 5 trillion in 2017, after rising 2.2% in 2016. Global life premiums increased 0.5% in 2017, while global non-life premiums…
Max Life Insurance Leads the Industry with most Loyal Customer Base
Tops the Kantar IMRB’s Insurance India 2018 for Indian Life Insurers Max Life Insurance, one of the leading life insurance companies in India, has been ranked 1 in the independent…
First time high for Bharti Axa Life
Bharti AXA Life Insurance has first time recorded a profit since launching operations in 2006. In 2016-17, the company had reported a net loss of Rs. 120 crore. “We have…
Taxi Passengers’ Insurance
Start-up Sure Inc partnered with underwriter Chubb to launch RideSafe, a new service that allows Uber, Lyft passengers to buy accidental medical, death and dismemberment insurance coverage for the ride.…
EARLY DEATH OF LIFE INSURANCE POLICIES IN INDIA
Insurance is a long-term business in which customers and the industry benefits if the policies are held for long. But given the poor persistency performance, huge costs and fat commissions,…
Guidelines on Insurance claims of the victims of recent floods (August 2018) in the state of Karnataka
As you are aware, the recent floods have caused immense loss to life and property in certain districts of Karnataka State, including Kodagu. There is an urgent need for us…