Reinsurers to cap on liability claim for disasters

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

How much health Insurance is required?

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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