Reinsurance market facing stiff competition
“Pass on the liability from one to another and so on….. That is the trick of Reinsurance” Read more
“Pass on the liability from one to another and so on….. That is the trick of Reinsurance” Read more
The global reinsurers are thinking to impose a limit on the maximum liability that non-life insurers can claim for a catastrophe as a result of huge claims from natural calamities in Japan, Thailand and Australia last year. GIC Re the indian reinsurer is also planning to put a cap on catastrophe insurance limit. 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.
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