Innovation is the only insurance against irrelevance - Gary Hamel, Business Thinker. Introduction: The home insurance sector in India has achieved less than 1% penetration level against a global benchmark…
1. This circular is issued in accordance with the powers vested under Section 14(2) and 14(h) of the IRDA Act, 1999 2. This circular is applicable to all non-life insurers…
Brief overview of unemployment insurance and challenges One can breathe a little easier knowing the fact that one loses the job. He/she will still have an income by way of…
Health insurance is one of the fastest growing segment in India but the insurance amount is not sufficient as there is lack of awareness about the amount of sum insured,…
It is interesting to note some facts about frauds in Health Insurance industry in India and globally: A survey conducted by one of the leading Third Party Administrators, showed that…
Introduction Health insurance business, is today perhaps the most rapidly growing segment in the Indian non- life insurance market, possibly after crop insurance. The reasons are many; foremost being rising…
I. Introduction Insurance provides protection against risks or uncertain events and is based on the principle that what is highly unpredictable to an individual is predictable to a group of…
Amidst the ever-shifting terrain of insurance underwriting, India is witnessing a transformative evolution, particularly in the sphere of health and wellness. Departing from traditional methods reliant on age, gender, and…
Things are not going to be the same again. The world is changing for better. As Heraclitus, a Greek philosopher said change is the only constant in this world. And…
Introduction This article critically analyses the development of health insurance in India where on the one hand, 61% of India's population is covered by government health insurance schemes; however, in…