We are living in the age of globalization and liberalization. This is affecting all the economic activities. Insurance is no exception. As far as General Insurance in India is concerned,…
In this in-depth guide, Swiss Re introduces the concepts of reinsurance and highlights the essential function reinsurance has in enabling progress and contributing to the stability of the economy and…
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.
We as Indians spend about 80 per cent of all health expenditure in the country from our personal resources. Hence the importance of adequate planning for health contingencies cannot be…
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…
It is generally observed that most of the marine policies issued are defective. The areas where the mistakes are being committed are in attaching the clauses.
Though Marine Cargo Policies are in principle devised on agreed valued basis, in policies covering especially second hand Machinery under Marine Policies, under Insurance or sum Insured average is quite…
Healthcare system of India is a mess. Results of the National Sample Survey 60th round bring out the picture in black and white. On the one hand, morbidity, which measures…
Insurance is a mechanism by which the losses of a few are met through contributions from many. It is a method of dealing with fortuitous events resulting in a financial…
Background/Need for Health Insurance Health of its citizens is one of the top priorities of a Nation. A Nation with healthy people would be able to pursue its agenda with…