Risk Management 2.0 in the new Gen Z Milieu
As I reflect on an article I wrote in 2018 on “Turning Risk and Compliance function into a competitive edge”, I notice that the world has significantly changed over the…
Abhijit K.Chattoraj, a chartered insurer, joins Prestigious IMS Unison University, Dehradun, as a Professor and Director of the executive program and consulting.
Prof (Dr) Abhijit Chattoraj, an established academician and a professional with international acclaim and a proven track record in academic administration, joined IMS Unison University in September this year after…
How Do Insurance Companies Make Money and How Do They Work?
Insurance is a financial safety net that protects individuals and businesses from unforeseen risks and liabilities. While insurance companies offer this valuable service, many people wonder, how do insurance companies…
Why Insurance is Important for Financial Security
In today’s unpredictable world, securing your financial future is more critical than ever. One of the most effective ways to do this is through insurance. Whether it's safeguarding your health,…
Editorial Insurance Times November 2017
GIC Re successfully completed its maiden IPO which was subscribed to the extent of 1.90 times. This will increase the visibility of the company among the masses. Newindia Assurance has…
Vision Meet on “Insurance for All” by 2047
The "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, was a pivotal event aimed at laying the groundwork…
BASICS OF ENTERPRISE RISK MANAGEMENT
Risk management is not a subject that gives a product with a clear price tag sold in the market such as life insurance, health insurance, general insurance, pensions etc. Such…
GUIDELINES ON INFORMATION AND CYBER SECURITY FOR INSURERS
All insurers regardless of size, complexity, or lines of business, collect, store, and share with various third-parties (e.g., service providers, reinsurers etc.)substantial amounts of personal and confidential policyholder information, including…
Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2017 (Exposure Draft)
Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015, the existing Insurance Broker regulations would undergo a change. In addition to the developments in the market and the experience of…
AN OVERVIEW OF CAPTIVE INSURANCE
Introduction A business faces numerous risks in its day-to-day operations, and managing this risk is paramount to a thriving and successful company. Rising insurance costs coupled with increasing self-insured risk…