Many youngsters postpone this decision, assuming it’s something to...
Category:
Articles
Latest
Geopolitical Risks: Venezuela and the shifting map of insurance risks in the Caribbean
While Venezuela has long been a marginal market for most...
India’s Auto Sector-2025: EV momentum, premiumisation and engineering innovation
Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic...
Disaster Recovery: Rebuilding Turkiye with resilience
Shaken by a series of devastating earthquakes,Türkiye has integrated climate adaptation and disaster risk reduction into national development plans and institutional frameworks are being strengthened to enhance preparedness. Nevertheless, urgent action is needed to...
DPDP rules,2025: Enforcing stringent requirements for data collection, processing and management
Bibhu Krishna, Chief Information Security Officer, Policybazaar.com For the insurance sector, the draft rules introduce challenges as well as opportunities to formulate a robust data privacy landscape The draft Digital Personal Data Protection (DPDP) Rules, 2025,...
Union Budget 2025-26: Reshaping Indian insurance landscape
Tapan Singhel, MD&CEO, Bajaj General Insurance& Chairman, General Insurance Council With the move to allow 100% FDI in insurance, we could see India moving towards a future with 1,000 insurers in the next decade. A larger number of players will bring greater...
Closing Crisis Protection Gap: Leaders call for 10 fold higher finance to meet cost of future crises
Less than $1 of every $5,000 of crisis finance goes to low income countries in the form of prearranged finance. Annual global economic losses from unmitigated climate change are projected to range between $7 trillion and $38 trillion by 2050 The High-Level Panel on...
Employee medical plan costs: Aon forecasts 11.1% increase for businesses in Asia Pacific
"The high medical trend rate can also be attributed to a higher incidence of cancer and chronic conditions than before the COVID-19 pandemic. Managing the impact of medical inflation therefore should be a top priority for all southeast Asia markets and especially...
Climate Risk: Is India Inc moving fast enough?
From a disaster management perspective, parametric solutions can also be valuable at a smaller scale. For example, they can protect microfinance institutions against their customers being unable to make scheduled payments due to extreme weather events Properly...
Union Budget 2025: Enhancing Health Insurance Accessibility and Affordability
The deduction limits for health insurance premiums have remained stagnant, failing to keep up with the rising costs of medical care. Increasing these limits to ₹50,000 for individuals and ₹1,00,000 for senior citizens would provide meaningful financial relief. Senior...
Allianz Risk Barometer: Cyber continues as top Indian business risk
“In addition to cyber incidents as the top risk in India, the results from the Allianz Risk Barometer indicate a stronger link between climate change, natural catastrophes, and business interruption risks. As extreme weather events become more frequent, we expect this...
DPDP Act 2023: Insuring fines and penalties
While clarity on insurability of DPDP Act fines from an enforcement standpoint remains to be witnessed, insurance providers can play a vital role in managing risks and supporting businesses in their efforts to comply with data protection regulations The recently...
Explainer: Draft DPDP Rules 2025 aim to protect citizens’ data
The Act provides consent-based personal data processing by digital platforms. This means digital platforms will have to inform and get consent from people in English or any of the 22 Indian languages listed in the Constitution, in the language of their choice. Digital...