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THE INSURANCE TIMES - February 2024

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In this issue we have covered articles on Navigating the natural conundrum: why Reinsurers continue to maintain positive outlook for non life Insurance market in asia pacific region in 2024 & beyond despite challenges posed by natural hazards - Neeraj Kaushik; Historical Maritime Fraud - M.V B-Atlantic - War Risk Cover: An Insurer’s Dilemma or Fraud!! - Dr. Soumi Mukherjee; Emerging Horizons: New Opportunities in Commercial General Insurance Segment - Sandeep Goradia; Cancer Insurance - An Indispensible cover - Dr. Seema Arora; The Future of Insurance: ESG as a Cornerstone of Sustainable Underwriting - Rohit Boda. Interview with Dr Tarun Agarwal, Director, National Insurance Academy, Pune; Interview with Johnson Varughese, Chief Executive Officer, WALAA Insurance Company, Al-Khobar, Kingdom of Saudi Arabia. We have covered news on General Insurance, IRDAI News, LIC News, Health Insurance News, Private Life Insurance News and International News. Besides it covers other interesting features.

Navigating the natural conundrum: Why Reinsurers continue to maintain positive outlook for non life Insurance market in asia pacific region in 2024 & beyond despite challenges posed by natural hazards

The Asia-Pacific region has long been susceptible to a range of natural hazards, including earthquakes, typhoons, floods, and tsunamis. These events pose significant challenges to the insurance industry, particularly the non-life insurance sector, which covers property, casualty, and other general insurance lines.

4 mins

Historical Maritime Fraud

M.V B-Atlantic - War Risk Cover: An Insurer’s Dilemma or Fraud!!

10+ mins

Interview: Dr Tarun Agarwal Director National Insurance Academy, Pune

\"National Insurance Academy is undoubtedly the most renowned institution not just in India, but internationally. We are an apex institution in the field of education, training, research and consultancy in insurance, pension and allied areas.\"

6 mins

Emerging Horizons: New Opportunities in Commercial General Insurance Segment

The Indian economy continues to be a beacon of growth and opportunity, attracting both domestic and foreign investments across various sectors. The country's economic reforms and ease of doing business initiatives have further improved the investment climate, fostering entrepreneurial spirit and innovation.

4 mins

Cancer Insurance - An Indispensible cover

Recent advances in cancer treatment have opened new treatment options, such as targeted therapy and immunotherapy, for people diagnosed with advanced-stage disease. However, these advanced treatments are costly and remain out of reach of many.

9 mins

The Future of Insurance: ESG as a Cornerstone of Sustainable Underwriting

As climate change, social inequality, and governance issues become increasingly prominent, insurers are recognizing the need to integrate Environmental, Social, and Governance ESG) factors into their underwriting processes. This shift not only aligns with global efforts to address pressing issues but also positions the insurance industry as a key player in promoting sustainability and a fraternity who is concerned about their ESG goals.

4 mins

2023 was a watershed year for insurance sector, but there's more to come

Innovation in regulatory framework, promotion of ease of doing business while enhancing protection of policyholders’ interests and measures taken to expand the reach of insurance penetration make 2023 a year to remember in the insurance industry.

4 mins

IRDAI Corner

Investments in Infrastructure Debt Funds - NBFC

4 mins

Interview: Johnson Varughese Chief Executive Officer WALAA Insurance Company Al-Khobar, Kingdom of Saudi Arabia

\"Establishment of the IA will accelerate the growth of the Insurance Sector as the Industry will now get focused attention. The strategy of IA is likely to be aligned with Vision 2030 and Financial Sector Development plan. Since savings is one of the pillars of Vision 2030, I hope to see a lot of emphasis on Protection and Savings Insurance Products.\"

5 mins

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THE INSURANCE TIMES Description:

प्रकाशक: Sashi-Publications-Private-Ltd

वर्ग: Business

भाषा: English

आवृत्ति: Monthly

The Insurance Times, which will be completing glorious 42nd year of successful and regular publication in 2022, is the most authentic information source on insurance in India.

The Insurance Industry under the new regulatory setup is moving forward aggressively.

Every month, the journal covers informative articles and features on both general insurance and life insurance. Besides regular columns for Insurance Regulators, Brokers, Bancassurance, legal, surveyor, agents, students etc; it brings you the latest and updated news of the Indian as well as overseas insurance industry.

Regular features on risk management and safety also keep you abreast of the latest risk management techniques.

We regularly review the policies issued by life and non-life companies including comparisons of various products.

A special emphasis is given on marketing of insurance both life and general. This journal is a must for all persons connected with insurance companies, corporate bodies, brokers, banks, surveyors, agents, consultants, students, educational institutions and professionals.