Flood Risk Management
The Kerala flood has brought the focus of the nation towards the havoc it has created, kind of losses it has done, rescue activity that is taking place and restoration…
BUNGA MELATI DUA– PIRATE ATTACK!! MARINE INSURANCE!!!!!!!!!
Marine insurance is one of the earliest forms of insurance type in the history. Its importance continues because of the massive sea trade traffic. Almost 80% of the world trade…
TAKE AWAYS FROM THE UNION BUDGET 2024-25- MUSINGS FROM AN INSURANCE PENSIONER
The entire nation heard the Union Finance Budget presented by our Honourable Finance Minister at the Parliament on July 23 2024. As always, different viewpoints emerged- some praising the Budget,…
Care contests IRDAI’s power to regulate stock options
The controversy over Care Health Insurance Ltd's award of hefty stock options to its chairperson Rashmi Saluja has taken a turn that may delay the billionaire Burman family's bid to…
Insurtech: The Unchartered Potential
ABSTRACT Insurance is a means of protection against a financial risk that could occur against a contingent or an uncertain eventuality. The insurance sector in India works on a mainstream…
Woman ‘dies’ twice as hubby son claim Rs. 1.1 crore insurance
In an insurance fraud involving Rs 1.1 crore in claims of which close to Rs 70 lakh was already received, a 45-year-old woman from Bhayander, Kanchan Pai, also known as…
Future Generali India Insurance launched Disability Income Protection insurance Plan
In a first of its kind initiative, Future Generali India Insurance (FGII) has launched Disability Income Protection insurance to provide financial security to its customers in the event of a…
LIC Targets Growth in Health Insurance, Projects Higher FY25 New-Business Margin
Life Insurance Corporation of India (LIC), the country’s largest insurer, has outlined an ambitious growth strategy for the upcoming fiscal year. LIC has projected a 2%-3% increase in its value…
Kerala Government Forms Task Force to Expedite Insurance Claims for Wayanad Landslide Survivors
In a significant move to support the victims of the devastating landslides in Wayanad, the Kerala government has established a dedicated task force to assist survivors in claiming insurance for…
Zurich Insurance’s Profits Climb Amid Rising Claims from Bad Weather Events
Zurich Insurance Group AG announced a 7% increase in profits for the first half of the year, outperforming analysts' expectations despite challenges posed by adverse weather conditions. Zurich Insurance Group…