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…
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…
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.…
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…
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…
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…
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…
Natural disasters caused a staggering global economic loss of US$270 billion last year, with insured losses reaching US$111 billion. These numbers reflect a troubling trend, as insured losses have been…
Background: The issuance of IRDAI (Insurance Product) Regulations, 2024 and the de-notification of erstwhile tariffs, general terms and conditions; policy and endorsement wordings provide a unique opportunity to develop simplified…
In a move to empower policyholders and bolster inclusive health insurance, the Insurance Regulatory and Development Authority of India (IRDAI) has announced major revamp of regulatory norms. The regulator has…