Consumers increasingly opted for higher sum insured policies,...
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Cyber Insurance in India: Premiums, Ransomware and the AI
At this time the Indian cyber premium pool is expanding rapidly —...
Insurance Amendment Bill, 2025: Reforms for Insurance Penetration in India
R Doraiswamy, CEO& MD, Life Insurandce Corporation The Bill...
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...
Cyber Insurance: Global premiums could exceed $50 billion by 2030, predicts Howden
Dan Leahy, Associate Director, said: “Having navigated the early phases of development that often come with new, fast growing lines of business, the cost of cyber insurance is now more commensurate with loss costs following the recent correction. Whilst the first half...
Future of Forests: France’s wildfires ignite debate on cutting planet-heating emissions
Globally, rising temperatures and land-use change are projected to result in a 50% rise in the number of catastrophic wildfires by 2100, according to the U.N. Environment Programme - and governments around the world are grappling with how best to protect their forests...
Insurtech: Tougher funding environment, but represents a massive $7 trillion opportunity
Insurance is still a strongly underfunded market, especially in areas such as life insurance. Operational efficiency is now a must for insurtechs and insurers. Insurtech startups are enabling operational efficiency through the whole value chain Insurtech has also...
Heat Wave: Rising fatalities just a foretaste of what is to come
McKinsey Global Institute estimates that the lost labor from work in areas exposed to extreme heat, such as construction and agriculture, could put at risk up to 4.5% of India’s GDP by 2030 “Many places that need to have local heat action plans do not have one,” said...
Global protection gap reaches a new high of $1.8 trillion in 2022
`We see the world economy today as in need of a sustained reload in resilience. The value of unprotected risk exposure globally has risen steadily in the past five years. We estimate about 43% of risk globally was unprotected by assets or insurance in 2022, improved...