The Insurance Times November 2024 Ebook Version
Please click on the image or link below to view the Ebook version of the Journal – https://online.flipbuilder.com/yojw/epab/
Man in China Sentenced to Death for Murdering Wife to Claim Insurance Money
A 47-year-old man in China, identified by his surname Li, has been sentenced to death for pushing his wife into the sea to claim her life insurance payout. The case,…
Surprising Revelation: Coconuts Caused 2.2 Times More Accidents Than Drunk Driving in 2024
In an unexpected finding from the 2024 Accident Index released by ACKO, a leading digital insurance provider in India, coconuts have been linked to 2.2 times more road accidents than…
Captive Insurance Dropped from India’s Insurance Reforms
The Indian government has decided to exclude a captive insurance company regime from its latest package of insurance reforms. While the move represents a departure from earlier proposals, the reforms…
Key Trends Shaping Insurance Claims in India
India's insurance sector is witnessing significant changes in claims patterns across health, motor, and term insurance segments. These trends highlight the evolving dynamics of consumer behavior, regional disparities, and the…
India’s Non-Life Insurance Premiums Surge 28% in October
India’s non-life insurance sector reached a significant milestone in October 2024, recording premiums of ₹30,378 crore. This represents a 27.5% year-on-year growth, surpassing the ₹30,000-crore threshold for the first time…
Indian Insurers Advocate for Zero-Coupon Bonds to Manage Long-Term Risks
Indian insurance companies are urging the government to issue sovereign debt instruments, including zero-coupon bonds, to diversify their investment options and improve the management of long-term liabilities. The proposal, presented…