Insurance industry

'Games' have been a way of our life since thousands of centuries ago. Today, they find a unique purpose-games are being used to improve non-game "business". This article discusses how…

IRDAI is examining the possibility of allowing private equity (PE) firms to buy stakes in Insurance Companies. A decision on this is likely to be taken in a month's time.…

Syed Meraj Naqvi is a visionary leader known for his astute business sense and a proven history of propelling overall growth. With over a 15-year career in the insurance industry,…

The insurance industry is at a critical juncture as the impacts of climate change intensify. The increasing frequency and severity of extreme weather events pose significant challenges for insurers, not…

The concept of risk-based pricing in insurance has long been a fundamental principle guiding how premiums are calculated. Essentially, this pricing model ensures that the cost of an insurance policy…

InsurTech, short for Insurance Technology, involves using technological innovations to improve efficiency and reduce costs in the insurance industry. The innovations harnessed in InsurTech typically come from fields such as…

In my last article, *Insurance Phobia* published in the *Insurance Times*, I enumerated various aspects of why people are afraid of insuring as they feel that insurance is not a…

1. The Authority, in order to prepare the insurance industry for Implementation of Ind AS and to provide suitable guidelines wherever required, had constituted an Implementation Group vide Order reference…

As you are aware that the Authority has notified the IRDAI (Issuance of e-Insurance Policies) Regulations, 2016 dated 13thJune, 2016. In order to seek the status of compliance to the…

Problem Description: The Financial Industry especially Insurance has been undergoing significant transformation in recent times due to IT & digital technological innovations. Though this change has significantly increased the growth…