Caselaws: Fire Insurance Claim is not payable if location is shifted March 29, 2014 Bimabazaar- Adminstrator 2294 Views 0 Comments Fire insurance, location change, not payable Judgement Ahmedabad Ombudsman Centre Case No. 11/ 005 / 0045 Shri. M. S. A. Kajalwala Vs Oriental Insurance Company Read more
General Insurance articles The Experience rating method. March 29, 2014 Bimabazaar- Adminstrator 1068 Views 0 Comments adjusted, economic, losses, social inflation All large individual risk rating is a form of experience rating as they need to reflect the Read more
General Insurance articles The process of Individual risk rating method March 29, 2014 Bimabazaar- Adminstrator 1129 Views 0 Comments large risks, product, rating Generally, individual rating is done for various reasons, such as the price charged to large risks Read more
General Insurance articles How are the Rating Structure made in Underwriting of policies in general insurance? March 29, 2014 Bimabazaar- Adminstrator 978 Views 0 Comments All rates are based on various risk exposures that insurance may face. However the rate for use through a manual Read more
General Insurance articles Purposes of rate making in general insurance. March 29, 2014 Bimabazaar- Adminstrator 2340 Views 0 Comments insurance regulator, purpose, rate making The purpose of rate making is to set the prices of insurance products in such a way Read more
Insurance Articles THE ‘COMPLAINT-AS-GIFT’ STRATEGY THAT NEEDS TO BE ADOPTED IN OUR INDIAN INSURANCE OPERATIONS March 29, 2014 Bimabazaar- Adminstrator 942 Views 0 Comments INTRODUCTION: In this competitive insurance market in India, we need to become very much comfortable with the Read more
International Insurance News Global insured losses from catastrophes were USD 45 billion in 2013, Swiss Re sigma March 29, 2014 Bimabazaar- Adminstrator 840 Views 0 Comments catastrophes, global disasters, losses Global insured losses from catastrophes were USD 45 billion in 2013,according to Swiss Re sigma. • Total economic losses from Read more
Life Insurance News Fraudulent practices on a spurt in life insurance March 24, 2014 Bimabazaar- Adminstrator 947 Views 0 Comments action, cases, Fraud, malpractices life insurance companies across the country are witnessing a sharp rise in cases of fraud and misrepresentation of facts Read more
Life Insurance News Insurance sector worried over high attrition rate March 24, 2014 Bimabazaar- Adminstrator 1186 Views 0 Comments it sector, rajendra ghag Frontline staffs in the insurance sector are making a flight to the IT, ITes and retail sector Read more
Life Insurance News Life insurers treat suicides as natural deaths for hassle free claims March 24, 2014 Bimabazaar- Adminstrator 873 Views 0 Comments benefits, claim, policy, suicides To avoid hassle in settlement of claims life insurance companies in India consider suicides as natural deaths and not as Read more