Non-life insurers invest to set up TPA in 6 months

State-run non-life insurers that have started setting up a common third-party administrator (TPA) would initially invest Rs. 1 billion. The four insurers plan to set up the TPA company in the next six months, the media reports said. Read more

Whether risk management has taken a back seat admits stiff competition?

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