Obesity is rising at an alarming rate and is today a major public...
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Budget-26-27:Improving insurance affordability and access
Recent policy measures, such as the exemption of insurance premiums...
Budget 26-27:Repositioning general insurance as essential economic and social infrastructure
Significant focus on insuring houses and SME/MSMEs is also critical...
Transforming Life: Tapping the new Normal
MR Kumar, Chiarman, Life Insurance Corporation The Indian life insurance industry needs to gear up for the coming prosperity and be ready with its products, distribution channels and processes to meet the demands of the new normal The entire life insurance sector has...
Recovery and risks in global entertainment industry
The glamour, revenues and audiences may all be returning post-pandemic, but the movie and live events business has yet to fully recover from the Covid crisis and is having to constantly evolve in a new environment driven by economic, technology and sustainability risk...
India must align with leading global markets in freedom in pricing, coverage, limits and deductibles: RIMS/NIA study
The report provides global benchmarks on proven insurance practices, and discusses critical aspects like customer experiences, seamless claim settlements, and adoption of new technologies. The time is ripe for introducing changes in the insurance industry that will...
National Pension System: Investing for Retirement
An impending challenge employees or workers may face in India, is the risk of inadequate pension arrangements after retirement from work. As a fallout, individuals may either be required to put severe curbs on their post-retiral expenses or continue working beyond the...
World Day of Social Justice: Deeper dialogue across ‘real economy’ can drive progress
Poverty and inequalities within and among countries are on the rise in many parts of the world. Inequality remains very high, with annual gross domestic product per capita ranging from about $600 at purchasing power parity in the poorest country to more than $115,000...
Indian aviation market & tailwinds of growth
"With the economy growing and disposable income growing, there is a huge opportunity for Indians to travel abroad… This 75 million passengers is likely to go to 120-125 million over the next 7-10 years," Union minister Jyotiraditya Scindia said. A raft of factors --...
Budget-2023-24:Beyond tax-saving-driven insurance sales
Bhargav Dasgupta – MD & CEO, ICICI Lombard For a sector such as general insurance, where the industry has sought tax support for increased spend on home insurance or health, there is a message that they will have to strive for growth beyond tax-saving-driven...
Budget-23-24:Boosting Indian re/insurance sector
Leaders of the Indian insurance Industry have hailed the Budget-2023 as positive for the economy which will throw a lot of opportunities for the insurance industry Devesh Srivastava, CMD, GIC Re Finance Minister has delivered a holistic and futuristic Budget ensuring...
Budget 2023-24:Taxing Time for Life Insurers
Government aims to plug the arbitrage which HNIs and other wealthy individuals are employing to get healthy tax-free returns on their lumpy Non-Par insurancepurchases The cap of Rs5 lakh will be applicable for all policies bought across insurers. Thus, as the policy...
Indian Economy: Kicking into high gear
Among other notable differences: India’s middle class remains significantly smaller. Fully capturing the nation’s demographic dividend — perhaps its biggest advantage compared to bigger economies — will require broader wealth creation that resolves high unemployment...