For now, the world isn’t performing an “energy transition” but an...
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World Suicide Prevention Day: Securing mental health
All age groups are affected by suicide and was the third leading...
Global Expansion: India Inc needs a multi-dimensional shield
Vaibhav Luthra, Tax Partner, EY India said, “India’s global...
Cyber Insurance: Crucial For Digital World
Ransomware attacks, in which hackers gain control of files and data to extract financial gain, continue to be the biggest concern of organisations and is expected to get even more prominent in the years ahead Cyber insurance market is the fastest growing segment in...
Outlook 2023: Negotiating a Hard Reinsurance Market
Shankar Garigiparthy,CEO & Country Manager, India Reinsurers have been supporting the Indian market for many years, and have been paying significant amount of claims. With a hardening reinsurance market globally, the Indian market is also likely to face these...
Cryptocurrency: Covering Losses
Lloyd’s recently announced a new policy to insure against losses stored on certain cryptocurrency wallets. Until the broader insurance market catches up with the rise of cryptocurrency and such insurance becomes more commonly used, most policyholders will need to look...
2023 Risk landscape: Swiss Re’s new Perspectives
Jérôme Haegeli, Group Chief Economist "A slower and more cautious phase of the central bank policy rate hiking cycle has begun amid inflation peaking, financial stability concerns and inflationary recessions on the horizon. Still, the overall direction remains...
Budget-2023-24: Tax incentive to promote Home Insurance
Rakesh Jain, CEO, Reliance General Insurance In spite of pandemic, the health insurance penetration in our country is very low. Due to such a low coverage, the cost of insurance becomes high. In order to bring down its cost, GST rate should be reduced to 5% from 18%....
Budget-2023-24:Zero-rated GST for protection products
Vighnesh Shahane, MD & CEO, Ageas Federal Life Insurance The insurance industry wish-list for the annual Budget has been largely the same for the last four-five years with the aim of driving insurance penetration in the country. A few of our recommendations...
Key risk trends in 2023:Potential Recession, Cyber and ESG
Plunging growth rates, surging inflation, the energy crisis, continuing stock market volatility and ongoing supply chain issues are monitored closely by D&O underwriters as they could cause liquidity and profitability squeezes in many sectors and fuel rising...
Climate change & Disaster Risk: Investing in Nature-based Solutions
Nature-based solutions are defined by the UN Environnment Assembly resolution 5/5 as "actions to protect, conserve, restore, sustainably use and manage natural or modified terrestrial, freshwater, coastal and marine ecosystems which address social, economic and...
Overhauling Regulations: Time for spurring long-term sustainable growth
Unless the existent issue of muted demand for insurance, especially life insurance products, is not acknowledged and addressed by the regulator and the industry, such supply-side proposals alone will not be adequate to spur sustainable growth, says a report by Emkay...
India’s GIFT City aims to take On financial hubs in Singapore and Dubai
Modi’s government has offered an array of incentives, including a 100% tax holiday for a decade to businesses that set up within the hub’s International Financial Services Center, or IFSC. Rules are being tweaked to encourage Indian companies to lease ships and...