Intermediaries

A.J. Gallagher’s 'clean coal' business draws ire of green investors

International News       Jan 18, 2019

  BOSTON: Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”.   A.J. Gallagher (AJG.N) has invested in 34 facilities producing so-called refined coal, which...

Vishal Sharma, Executive Vice President, Bancassurance – Retail Business, HDFC ERGO General Insurance Company

Bonding with Banks 

Articles       Jan 17, 2019

  The privatisation of the insurance industry in the 2000s gave an overall boost to the insurance sector. However, till late 2012, banks were allowed to sell insurance products of just one insurancecompany, in each category. Thereafter, with the new regulation, banks were allowed to adopt...

PJ Joseph, member (non-life), IRDAI

Joseph Panel suggests measures to accord chartered institute status on IIISLA

Indian News       Jan 10, 2019

  Hyderabad: A committee headed by PJ Joseph, member(non-life), IRDAI, has deliberated on the prospects, challenges, risks and opportunities with regard to a  proposal from Indian Institute of Insurance Surveyors and Loss Assessors (IIISLA) to accord itself the status of a chartered institute.   The panel, comprising...

Rohit Jain, Head of India, Willis Towers Watson

``Rapid technology growth compelling pragmatic shift in India's risk mitigation landscape''

Interviews       Jan 03, 2019

  How do you see the developments in the Indian re/insurance market in next five years? The Indian insurance industry is at an inflection point from where it is poised to grow manifold on the back of robust economic growth and higher disposable income. The industry...

Govt tightens norms for etailers, bars exclusive deals

Indian News       Dec 26, 2018

  New Delhi: Tightening norms for e-commerce firms having foreign investment, the government Wednesday barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price.  The revised policy on foreign direct...

J&J loses motion to overturn $4.7 billion talc-ovarian cancer verdict

International News       Dec 19, 2018

  Missouri: Healthcare conglomerate Johnson & Johnson has lost its motion to reverse a verdict that awarded $4.7 billion to women who blamed ovarian cancer on asbestos in the company's Baby Powder and other talc products, a Missouri court ruled on Wednesday.   Meanwhile, drug inspectors have...

Chinese billionaire Jack Ma

Jack Ma is using sports data to change the way people shop

International News       Dec 06, 2018

  Just as professional sports teams have used reams of data to maximize performance, Chinese billionaire Jack Ma is turning to analytics to get the most out of fans and change the way athletic events are managed and people shop for gear.   After getting its start...

Benno Keller, Special Advisor, The Geneva Association

Virtual Competition: Online Platforms, Consumer Outcomes and Competition in Insurance

Articles       Dec 05, 2018

  New business models in insurance Online platforms play an important role in insurance. Some of these platforms, such as digital comparison tools, have existed in some markets for many years and are important for insurance distribution.   Others are relatively new, such as peerto-peer insurance, self-organisation...

Insurers rank Amazon as the world’s most potentially disruptive platform

International News       Nov 07, 2018

 Amazon is the platform most likely to cause widespread disruption to Europe’s general insurance market over the next five years, a survey of insurers has found. Insurers rank Amazon as the world’s most potentially disruptive platform,   In an article, ``The Actuary'', The magazine of the...

Blockchain technology brings crop insurance to paddy field farmers

Facts       Nov 03, 2018

Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions; Oxfam in Sri Lanka, an organization working to alleviate poverty; and Etherisc, a leading InsureTech company, today announced a joint program to deliver micro-insurance to thousands of...

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