Articles

Interim Budget 2019-20: Focussing on Health Insurance & Wearable Technology

Eco/Invest/Demography, Health, Regulation       Jan 29, 2019

  The current NDA government ushered in a new hope amongst the Indians with its call for ‘health assurance’ replacing the traditional ‘health insurance’. According to the EY 2018 report on ‘Global analysis of health insurance in India’, only 20% of the 1.3 billion population in...

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

Bonding with Banks 

Banking & Bancassurance, Intermediaries       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...

Global debt reaches an all-time high of $184 trillion, 225 percent of GDP in 2017

Eco/Invest/Demography, Risk Management       Jan 03, 2019

  Until recently, we had a partial view of global debt. Our new update to the IMF’s Global Debt Database, first made public in May 2018, now fills even more of the gaps. We have compiled data on public and private debt for 190 countries, dating...

James Tuplin, Head of Cyber & TMT, AXA XL

What does the future hold for data privacy?

Risk Management, Technology       Dec 27, 2018

  As cyber underwriters, a big part of our job is to be curious, to piece together “what-ifs” to try to analyse as yet unknown or untested risks. Our role is to look at constantly evolving technology, and a shifting regulatory environment, and consider the liability...

Benno Keller, Special Advisor, The Geneva Association

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

Intermediaries, Technology       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...

V.K Sharma, chairman, Life Insurance Corporation

LIC's Global Call

Life       Nov 26, 2018

The Life Insurance Corporation(LIC) has once again ended the year- 2017-18  with NIL complaints pending.    The performance  in total death claims has been the best ever performance, with the least death  claim outstanding ratio- of 0.07%.Information technology , now, is  the backbone of our functioning.   ...

Tahsin Saadi Sedik, senior economist in the IMF’s Asia and Pacific Department

Asia’s Digital Revolution

Technology       Nov 17, 2018

  Asia is embracing the digital revolution. Companies such as Alibaba, Tencent, and Baidu are providing a wide range of services from e-commerce to fintech and cloud computing for customers in China and elsewhere. In Indonesia, GO-JEK offers services including ride-hailing,   Asia is embracing the digital...

WHO guidelines: Management of physical health conditions in adults with severe mental disorders

Health       Nov 10, 2018

  Worldwide, mental disorders contribute to 7 per cent of the global burden of disease as estimated by disability adjusted life years and this is rising especially in low- and middle- income countries (LMIC) . In addition to causing a large proportion of morbidity, mental disorders...

Tobias Adrian,Financial Counsellor and Director, IMF's Monetary and Capital Markets Department

Stronger global financial system, but new vulnerabilities emering since crisis

Risk Management       Nov 07, 2018

  Although the global expansion has plateaued, easy monetary policies continue to support growth. But we shouldn’t rest too easily. Chapter 1 of the latest Global Financial Stability Report finds that short-term risks to the financial system have increased somewhat over the past six months. Trade...