2024 – Insurance Times

Introduction BI refers to a situation in which the normal business operations of a company are disrupted or halted due to unexpected circumstances beyond its control. When business operations are…

HISTORICAL MARITIME FRAUD DRILLING OIL RIG CENDOR MOPU, MARINE INSURANCE – INHERENT VICE- A BOON OR LOSS It is not uncommon for hull and cargo underwriters to reject claims by…

Abstract The transportation sector is currently undergoing a significant shift as electric vehicles (EVs) gradually replace conventional fossil fuel-powered internal combustion engine vehicles (ICEVs). EVs are still in their early…

WHY PEOPLE ARE AFRAID OF TAKING INSURANCE Despite insurance companies housed in gigantic buildings, attractive offices, with active stop, with good customer service people are afraid of taking insurance when…

Marine Insurance is a vital component of modern-day commerce that provides protection and peace of mind to businesses and individuals involved in transportation of goods across various modes of conveyance.…

In the Insurance sector, underwriting isn’t just a process—it’s the cornerstone of risk evaluation. As we look towards a market projected to surge to $222 billion by 2026, underwriting’s role…

1. How do you perceive the current market scenario for the insurance industry in India? What are the growth opportunities and potential challenges? The insurance industry in India is looking…

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…

1. How parametric insurance is different from traditional indemnity insurance models? Parametric insurance, also known as index-based insurance, differs fundamentally from traditional indemnity insurance. Instead of reimbursing for the actual…

In exercise of the powers conferred by sub section (1) of section 64 ULA of the Insurance Act, 1938, which provides for de-notification of all tariffs notified by the erstwhile…