Necessity of training for the General Insurance Agents
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the insurance agents some procuring business were illiterate, some did not…
Brand Building in Insurance Industry in India
Is it not disconcerting to find that the Indian insurance industry particularly the general insurance has failed to- make a headway despite its long presence?
Takaful – The Islamic Insurance
The concern for safety and security is very basic and fundamental to human nature. Insurance evolved arising out of this basic human need. In today's, world one cannot think of…
Insurance and Islam
1. Introduction The validity of the transaction of insurance in Islam has been much talked of from time to time. It is said that it is illegal because the element…
Current competitive era of non-life insurance market heading towards chaos and confusion
Now the Non-life insurance sector have almost completed about seven years since privatization of insurance. The non-life insurance market is passing through a serious crisis due to stiff competition.
Bimafest
It appears, celebration time is here for non-life insurers. One can see mega discount sale being organized by various insurers! Surely, the idea of "garage sale" cannot work for insurance…
Whether risk management has taken a back seat admits stiff competition?
Risk management, a terminology, not an integral tool of Non-life insurers, but a global phenomenon to be adopted, accepted and followed by all and sundry.
Need for law of insurance in globalised world
The trade and commerce across the world has expanded due to economies of scales in the present world. The export and import of goods and services among various countries are…
Motor premium to depend on the color of car – brighter the color, lower the premium
2009 was a memorable year for the entire Insurance industry, not due to the new and stable central government or its policies, but due to two strange news items concerning…