About Mr Dirk Reinhard Experienced Vice Chair, Munich Re Foundation with a demonstrated history of working in the sustainable asset management, insurance and non-profit organization management industry. Strong business development…
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 the global insurance landscape continues to evolve, 2024 has been a defining year, bringing innovative solutions to address risks, expand financial inclusion, and respond to climate change. The insurance…
Overview A case study by McKinsey predicted 5-15% increase in revenue and 10-30% increase in marketing-spend efficiency through personalized product recommendations. Another study reported that 78% of insurance executives believe personalized service…
Introduction In India, joint family system was the basis to meet all the social security needs of the joint family members, whether it was poor health, old age, financial or…
The clouds of COVID menace have not yet vanished, Yet there is emergence of several associated diseases. The major loss was due to insufficiency of oxygen to the dying patients…
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…
1. The landslides in Wayanad, Kerala (July, 2024) are reported to have caused widespread loss to human lives, property (homes and businesses) and infrastructure. 2. All Insurance Companies are advised…
1. Attention is drawn to amendments effected to Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 (PML Rules) vide gazette notification no. GSR 419 (E) dated 19th July 2024. 2.Attention…
The "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, was a pivotal event aimed at laying the groundwork…