Insurance Articles

International Maritime Organisation (IMO) adopted two resolutions in November, 2003 on the issue of   “ Places  of Refuge “ for  ships in distress.  When  any ship is in distress condition…

Introduction: Global Direct Insurance Premium for 2018 is estimated as under- Life: USD 2820 Billion                   USD 5193 Non-Life: USD 2373 Billion            Billion Reinsurance Premiums according to Reinsurance Treaty Programs of…

The generation commonly known as millennials, or Generation Y, is coming of age in almost all the countries, potentially creating new challenges and opportunities for the insurance industry globally. Millennials…

Women have always been contributing to see the Indian economy achieve speedy progress. They are always at the forefront of India’s economic development history. On the other side the concern…

The current scenario in 90% of the Sub-Continent of India in the months of July-August 2019 reveal an outrageous form of Acts of God perils of Rainstorms- Floods- Deluge…. Since…

Structural changes, systems under stress, underemployment and failing institutions have a tremendous human cost in terms of increasing anxiety, anger and loneliness in the world. The causes may be macro,…

Artificial Intelligence, popularly known as AI, is a very commonly used word for the last few years in the insurance industry.  As the name suggests, “Artificial” is not “Natural /…

Running your small business in India braces itself for the tax season again! The tax system in India can be a bit complex to understand, creating a whole new set…

One look at the newspapers, any day, any country, and one notices that the news relating to some catastrophic event ( Cat event ) - whether manmade or natural -…

A. EMERGING TRENDS SINCE 1965 1965-1987 : UNCTAD’s guidelines gave rise to trends favouring Monopoly of Reinsurance with State Owned Reinsurance Public Sector Companies e.g. Kenya Re, Zim Re, Nigeria…