Do You Have Enough Health Insurance for Retirement?
Most people fail to understand the importance of post-retirement health coverage. Young adults at the start of their career do not consider saving for the future. In such situations, thinking…
Underwriting Public Liability Insurance (Professional Liability Insurance)
Evolution of Professional Liability Insurance Professional Liability Insurance is available to all types of professionals such as Doctors & Medical Practitioners, Chartered Accountants, Financial or Management Consultants, Barristers & Advocates,…
Climate change and mitigation measures by Insurance Industry
Introduction: The Earth's average temperature warmed by about 0.76°C over the past 100 years with most of this warming occurring in the past 20 years. This temperature rise may appear…
BELOVED AGENTS PLEASE LISTEN AND BE PROACTIVE IN THIS AGGRESSIVE CURRENT COMPETITION IN INDIA
1. Introduction: In Indian Life Insurance Sector there is an urgent crying need to boost the morale of the agency force, so that the vast untapped retail Indian Life Insurance…
MERGER DAYS ARE HERE AGAIN !
Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as companies reconfigure their strategic initiatives to match macro events and adjust to externalities that change the dynamics…
THE ISSUES & PERSPECTIVES OF GROUP LIFE INSURANCE POLICY / SCHEMES AS AVAILABLE IN INDIA
1. Introduction: 1.1. Group Life insurance was initially first conceived & practised on a large scale in U.S.A. Thereafter it has been spread throughout the world and now it forms…
AGENTS ARE INFLUENTIAL AND WIDELY ACCEPTED INSURANCE INTERMEDIARIES
The life insurance segment is struggling with a high rate of agent attrition. Over the past three years, some 900,000 agents have quit. The most common reasons cited are lack…
FEATURES OF MARINE RISKS AND WARRANTIES IN MARINE INSURANCE
Introduction "There is no virtue in not knowing what can be known", says Aldous Huxley. Insurance is no exception to this prescript. Marine Insurance is an essential component in commerce,…
IMPACTS OF VARIOUS IRDAI INITIATIVES, ENDEAVOURS & NEW REGULATIONS BEING IN PLACE FOR INDIAN INSURANCE SECTOR
Introduction:IRDA (currently referred as IRDAI) came in existence after the enactment of IRDA Act, 1999 by parliament. The mission of IRDA is to protect the interests of policy-holders to regulate,…
CEO Wake-up Call: Frauds & Abuse in the Insurance Industry
IntroductionGood performance of an insurance company determines the position and the growth of the insurance company in its market. Profitability and prudence are the most important objectives of financial management…