Proposed 20% cap on agent commission could boost insurance industry
IRDAI proposal to put a lower cap of 20% on commissions and remunerations paid to agents and intermediaries under both Read more
Insurance industry
Swiss Re GBS India signs MoU with IIRM to enhance capability building programs in India’s insurance industry
Swiss Re signed a memorandum of understanding (MoU) with the Institute of Insurance and Risk Management (IIRM), an organisation dedicated to providing executive education across Read more
Insurance industry in South Korea to reach $229.5bn in 2025, forecasts GlobalData
South Korean insurance industry is projected to grow at a compound annual growth rate (CAGR) of 3.5% from KRW220.5 trillion Read more
Insurance industry adoption of environmental, social and governance practices driven by long-term climate change, says GlobalData
Environmental, social and governance (ESG) practices have become more than a buzzword, with businesses across all market sectors including the Read more
Digit wins Digital Insurer of the Year award at 25th Asia Insurance Industry Awards 2021
Digit Insurance, a unicorn general insurance company offering health, car, bike, travel, home and shop insurance, announced it has been Read more
Chile’s general insurance industry to reach CLP4.6 trillion in 2025, forecasts GlobalData
The Chilean general insurance industry is projected to grow from CLP3.2 trillion (US$4 billion) in 2020 to CLP4.6 trillion (US$5.8 Read more
Portugal’s general insurance industry to reach €6.7bn in 2025, forecasts GlobalData
Portugal’s general insurance industry is projected to grow from €5.28bn (US$6.03bn) in 2020 to €6.68bn (US$8.35bn) in 2025 in terms Read more
Natural disasters cost insurance industry $76bn
Natural disasters like wildfires which devastated parts of the United States and a record number of hurricanes in the Atlantic Read more
Underwriting losses of Insurance Industry rise to Rs 22,859 crore
The total underwriting losses of the insurance industry have surged by 4.4 per cent to Rs 22,859 crore in Read more
TCS and B3i partner to launch solutions for insurance industry
Tata Consultancy Services has partnered with B3i Services AG, a global industry-led blockchain initiative, to design, develop and launch ecosystem Read more
