Claims Management in General Insurance – Issues & Concerns
Underwriting and claims settlement are the two most important aspect of the functioning of an insurance company. Out of any insurance contract, the customer has the following expectations:
How to Develop a Risk Management Plan
Developing an effective Risk Management Plan is an important part of any project. Unfortunately, this step is often avoided with the "deal with it later" attitude.
How to Develop a Risk Management Plan
Developing an effective Risk Management Plan is an important part of any project. Unfortunately, this step is often avoided with the "deal with it
The Essential Guide to Reinsurance
The Essential Guide to Reinsurance has been published by Swiss Re. The Guide will be very useful to understand the working of Reinsurance practice and help you to get useful…
CHALLENGES AND OPPORTUNITIES FOR INDIAN MOTOR THIRD PARTY INSURANCE POOL
INTRODUCTION Indian Motor Third Party Insurance Pool (IMTPIP) has been set up by all General Insurers in India to collectively service Commercial Vehicle Third Party Insurance business. Insurance Regulatory and…
Regulatory issues in insurance
While the insurance industry weathered the financial crisis relatively well, acting as a source of stability in the global financial system, the turmoil exposed flaws in the way insurers are…
The impact of inflation on insurers
Inflation describes the economic phenomenon of increasing prices for goods and services. During the financial crisis, inflation risk was a real concern for many financial institutions. Insurers in particular identified…
Insurance investment in a challenging global environment
The two market collapses of the past decade have spurred many insurers to rethink their approach to investing. When markets rise rapidly and steadily, seeing only short term dips, as…
New Swiss Re sigma study highlights the significance and potential of microinsurance in supporting socio-economic development in emerging markets
Swiss Re’s latest sigma study “Microinsurance - risk protection for 4 billion people†emphasises the relevance of microinsurance as an effective and viable risk management solution for low-income individuals. Microinsurance,…
PUBLIC DISCLOSURES THE PUBLIC DISCLOSURES
Disclosures: Disclosure to the various stakeholders in the market is vital to the supervisory process in any jurisdiction. In an efficient marketplace disclosure is expected to achieve market discipline amongst…