Online resource centre on insurance for magazine, books, training, articles and news on insurance
The phrase ‘Mind the Gap’ was first introduced in the late sixties on London Underground to warn train passengers to exercise caution while crossing the gap between the train door and the station platform. Read more
Underwriting the process of determining the level of risk presented by the proposer and deciding whether to accept the same and if so at what terms and at what price. Read more
The need for medical insurance increases with age. Disease may affect persons of any age may be a child, grown ups, young man or a old man. Accidents and injuries can effect anyone. However the amount needed for medical expenses may vary depending upon the type of disease.
Read more15 years after its inception, the market for insurance-linked securities (ILS) is poised for continued growth as re/insurers, governments and corporations continue to access capital market solutions to finance growth, manage their capital and transfer risks related to natural catastrophes and other extreme events, according to Swiss Re’s latest publication. Read more
Since the global financial crisis in 2008, capital injections into Indian life insurance companies have fallen off significantly. The level of capital injections dipped from Rs.8,170 crores in FY2008-09, to Rs.4,152 crores in FY2009-10, and down to Rs.2,156 crores in the nine months of FY2010-11.
Read moreThe word Risk always excited and intrigued human mind…though it was never the case that all people liked Risk. After the word ‘Love’ the most discussed word by human beings across the globe is ‘Risk’ thus making this word as one of the most sought after word in the history of humankind.
We are living in the age of globalization and liberalization. This is affecting all the economic activities. Insurance is no exception. As far as General Insurance in India is concerned, the globalization and liberalization has ushered in an era of de-tariff regime and entry of private insurance companies along side the government general insurance companies. Read more
It is generally observed that most of the marine policies issued are defective. The areas where the mistakes are being committed are in attaching the clauses. Read more
Gone are the days of the bleak appearance of the health insurance programmes in the  insurance scenario. Now the Indian insurance market resurrects by giving a legal clothing by IRDA on its constitution of the Third Party Administrator Regulations. Read more
You can’t be content selling somebody something in one shot, if for the same time and effort you could position them and set the stage for them to want to come back every month and buy from you. Don’t set up a relationship with a customer unless you can set it up for a lifetime of purchasing transactions. Read more