Insurance

Introduction In the last couple of years, Government of India has taken several initiatives to increase the insurance penetration and density in the country. Some of the major initiatives include,…

The Reserve Bank of India recently concluded a consultation on Climate Change. It invited inputs from all stakeholders. The consultation rather than extend to all financial services, was restricted to…

I narrate my personal experience in Japan…not recently but way back in 1998 when I was working in Osaka. I was driving down the highway and suddenly the windscreen cracked,…

In November & December, one of the most widely watched sports worldwide is football. Up to five billion viewers are anticipated to watch the Qatar 2022 World Cup on television.…

Insurance Regulatory and Development Authority of India- IRDAI- Chairman Mr Debasish Panda has given a call for Insurance for all in India by 2047. It is a desirable and necessary…

Although this concept may seem alien today, tontines have a long creditable history that reaches back half a millennium. The name “Tontine” comes from a 17th-century Italian financier, Lorenzo de…

It has been observed that the insurance intermediaries maintain multiple current accounts with banks at different operational levels, i.e., Branch offices, Corporate office, etc., for regulatory and other purposes. RBI,…

Business Organizations have always been exposed to various types of risks such as: Market Risks Credit and Insolvency Risks Operational Risks Statutory and Regulatory Risks Environmental and Climate Change Risks…

The advent of the industrial revolution has brought about the social impact of accidents in manufacturing plants. With the evolution of sophisticated manufacturing product lines and use of hazardous chemicals,…

Here are 8 FAQs on Basic Insurance Concepts:   1. What is insurance? Insurance is a financial agreement where you (the policyholder) pay a regular fee (premium) to a company…