As the insurance and risk management industry undergoes profound transformation—driven by regulatory reforms, technological advancements, climate risks, and evolving customer expectations—the need for Continuous Professional Development (CPD) has never been…
Introduction [caption id="attachment_27956" align="alignleft" width="128"] Dr. Rakesh Agarwal[/caption] In a rapidly evolving world marked by geopolitical uncertainties, technological disruption, climate change, and pandemics, the traditional linear approach to planning and…
Life insurance is evolving from a traditional financial product into a flexible, digital-first, and consumer-centric solution. Increased financial awareness, technological advancements, and regulatory reforms are driving this transformation. Consumers today…
The recent spate of wildfires across the United States has once again underscored the devastating impact of climate change on our ecosystems, communities, and economies. States like California, Oregon, and…
Parametric Insurance – Revolutionizing Risk Coverage in India India’s insurance industry is undergoing a transformation with the rise of parametric insurance, a solution that simplifies risk coverage and offers quick…
The reinsurance sector, often regarded as the backbone of risk management, is grappling with profound challenges as the frequency and severity of natural disasters escalate globally. Climate change is no…
As we face the growing challenges posed by climate change, the insurance sector is presented with an urgent call to action. Environmental shifts have led to more frequent and severe…
The year 2024 marks a pivotal moment for the insurance sector, particularly in the domains of inclusive insurance, climate risk, microinsurance, and the rise of parametric insurance as a key…
As global attention increasingly shifts towards financial inclusion, insurance coverage for low-income populations, often referred to as the "bottom of the pyramid" (BoP), has become a central issue. Despite strides…
The concept of risk-based pricing in insurance has long been a fundamental principle guiding how premiums are calculated. Essentially, this pricing model ensures that the cost of an insurance policy…