Consumer Protection: Changes in policy terms must be conveyed
Mustafa Pithawala had taken a home loan of Rs 20,11,101 from Tata Capital Housing Finance on October 19, 2015. To secure its repayment, he was covered under ICICI Lombard Group…
ManipalCigna Sarvah Plan Health coverage of India’s ‘missing middle’
ManipalCigna Sarvah Plan Health coverage of India's 'missing middle' The Manipal Cigna Sarvah plan comes in three variants: Sarvah Pratham, Sarvah Uttam and Sarvah Param, with three kinds of benefits…
Case Study: Marine Insurance
Introduction Marine insurance plays a crucial role in safeguarding businesses from the financial impact of losses during the transit of goods. With globalization driving cross-border trade, businesses rely heavily on…
The Eighth Bima Manthan, the quarterly meeting of IRDAI with the insurance industry was held on 11th and 12th November 2024, in Hyderabad
This edition is one of its kind where the Regulator had detailed deliberations with the top brass of the insurance industry on key issues to gear up industry to be…
Exposure draft – IRDAI (Regulatory Sandbox) Regulations, 2024
1. As part of the comprehensive review of Regulations being undertaken by the IRDAI, to enhance the ease of doing business and also reduce compliance burden for stakeholders while also…
ERM Implementation Challenges in the Indian Insurance Sector
Introduction There is a dearth of research on enterprise risk management (ERM) in the Indian insurance sector. The research started in 2020 to identify the inherent embedding of ERM within…
How to Choose a Health Insurance Plan that Fits Your Evolving Needs
A recent report by Apollo Hospitals, one of India's leading healthcare groups, paints a concerning picture of the nation's health. Released in April, the report dubbed India the “cancer capital of the…
My View on #20SIRC Conference
The 20th edition of Singapore International Reinsurance Conference (#20SIRC) took place in Singapore from 4th to 7th November 2024. The theme of the conference was "Revolutionize Re(insurance)”. The #20SIRC Conference…
Vision Zero and the Role of Insurance in Achieving Road Safety
Abstract: The Insurance industry in the country plays multiple and pivotal roles, and contribute substantially for the overall development of the economy. In spite of this pivotal role as the…
Navigating Global Reinsurance Challenges
The reinsurance sector, often regarded as the backbone of risk management, is grappling with profound challenges as the frequency and severity of natural disasters escalate globally. Climate change is no…