Around 380GW of offshore capacity is expected to be added across 32...
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AI regulations: Key considerations to ensure customer protection without compromising innovation
Despite the benefits AI offers to both customers and insurers,...
Protection Gap: a meager 6% of Indian insureds have sufficient insurance coverage, SBI Life Study
``It's a matter of great concern that 80% of consumers acknowledge...
Health Insurance: 68% of Indians have health cover under Rs10 Lakh, ACKO Health Insurance Index
“Understanding the customer's mindset regarding their health insurance needs is crucial. It is important to know how they evaluate their options and what gaps they want their insurers to fill. The ACKO Health Insurance Index has identified these gaps when it comes to...
Food security: Climate change is helping pests and diseases to destroy crops
Already, plant diseases cost the global economy over $220 billion every year, and invasive insects at least $70 billion, according to the UN’s Food and Agriculture Organization. Pests adapt easily to the changing climate, with warmer temperatures allowing them to...
India Retirement Index: Urban India sees a significant upward movement
Prashant Tripathy, managing director & CEO, Max Life said, “This edition shows progress in India’s retirement preparedness, which also signals the country’s stronger economic resilience. Today's working population will be tomorrow's large, retired population. And...
M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co
Joyce Chan, Partner at Clyde & Co in Hong Kong, said: “Private equity firms are looking at investing in some of the Asia tech players around the region, at all stages of development, with prospective capital providers fairly evenly split between international PE...
India data protection bill: What’s the concern?
Privacy experts say the proposed law fails to adequately safeguard the personal data of the nation’s 1.4 billion citizens, and gives the government too much power Companies and institutions can be penalised for non-compliance, and for failing to take reasonable...
Global Trade: War, AI and climate change shaking up $32 trillion supply chain risks
A shift from fossil fuels is spurring demand for materials essential for electrification. Artificial intelligence is forcing employees to learn new skills so they won’t be replaced by computers. Long before these trends are reflected in government data, they’re...
Safety Standards: As e-bikes proliferate in US, so do deadly fires blamed on exploding lithium-ion batteries
"We have reached a point of crisis in New York City, with ion batteries now a top cause of fatal fires in New York.'' With some 65,000 e-bikes zipping through its streets — more than any other place in the U.S. — New York City is the epicenter of battery-related...
Digital Adoption: Online platform preferred for general insurance products
"Digital adoption is no longer just a choice; it has become a necessity for businesses to thrive in today's rapidly evolving landscape. Our recent research report underscores the critical role that technology plays in driving growth, efficiency, and customer...
ESG Ideas: Embedding Sustainable Returns
Although, the critics of ESG investing are of the view that higher compliance and disclosure burden put such businesses at a disadvantage to their peers, data suggests otherwise Mohit Ralhan, Chief Executive Officer TIW Capital ESG points to three impact factors...
Professional Indemnity: Emerging global liability trends for professional services firms
A new report from professional indemnity (PI) insurer Allianz Global Corporate & Specialty (AGCS) identifies a number of emerging liability trends for companies, ranking them by level of anticipated impact, potential drivers of loss activity and the likely ease...