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The final guidelines on traditional life insurance products, which are in the final stages of consultation, are likely to be announced after the meeting of the insurance advisory committee that is slated to take place on February 8, Insurance Regulatory and Development Authority (IRDA) chairman J Hari Narayan said here recently. Read more
In insurance business, like in all the others, threats and opportunities are intertwined, and co-exist in the external environment. If a risk is perceived, by insurers, as a ‘bad thing’, a threat, then an insurer’s defense mechanism would develop a negative attitude towards the insurable risks of the party. Read more
The insurance industry in India witnessed a paradigm shift during the year 2000- 2001. Since 1973, the non-life insurance industry was dominated by the four nationalised insurance companies. Privatisation of the insurance sector opened the doors of opportunity for the big business houses of India.
Read moreInstitute of Insurance and Risk Management , Hyderabad is offering the following professional courses enjoying international accreditations:
Insurance and Risk Management Read more
Risk management, a terminology, not an integral tool of Non-life insurers, but a global phenomenon to be adopted, accepted and followed by all and sundry. Read more
It appears, celebration time is here for non-life insurers. One can see mega discount sale being organized by various insurers! Surely, the idea of “garage sale” cannot work for insurance products. It can however be clearly seen that “premium discount” is the much talked about issue in the non-life insurance market. After the opening up of the insurance sector for private participation, the focal point of debate in various circles was detariffing. Read more
Risk management, a terminology, not an integral tool of Non-life insurers, but a global phenomenon to be adopted, accepted and followed by all and sundry.
2009 was a memorable year for the entire Insurance industry, not due to the new and stable central government or its policies, but due to two strange news items concerning insurance appeared in the press a while ago. The first news item is ‘Motor premium to depend on the color of car – brighter the color, lower the premium’. And the second one was ‘Senior citizens can now go for health cover’.
Read moreThe insurance industry in India offers lot of opportunities for employment in the insurance sector. Â Read out the opportunities available in the insurance sector.
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