Govt wants insurance payouts to replace its compensation in managing natural disasters: DFS Secy

Govt wants insurance payouts to replace its compensation in managing natural disasters: DFS Secy

by | Mar 6, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

L to-R-Hitesh Kotak, Chief Executive, Japan, India, Korea, and South-East Asia at Munich Re,Krishna S Vatsa, Member, NDMA,Safi Ahsan Rizvi, Advisor (Mitigation), NDMA, M Nagaraju, Secretary, Department of Finance (DFS), Mandakini Balodhi, Director(Insurance),...
“For Munich Re, it is of utmost importance that rates and conditions are risk-adequate to insure sustainability of the business”

“For Munich Re, it is of utmost importance that rates and conditions are risk-adequate to insure sustainability of the business”

by | Jan 18, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Interviews, Non-Life, Risk Management

With the beginning of the renewal season in Asian region, Hitesh Kotak, Chief Executive – Japan, India, Korea and South-East Asia, Munich Re, in an exclusive interview with Asia Insurance Post, has said the reinsurance market has currently achieved a sensible...
“Munich Re is committed to support Indian insurance industry, to bring in new products and solutions to the market’’

“Munich Re is committed to support Indian insurance industry, to bring in new products and solutions to the market’’

by | Aug 28, 2023 | Eco/Invest/Demography, Indian News, Interviews, Non-Life, Reinsurance

Growing its business fast, Munich Re, the largest global reinsurer,has emerged as one of the key Foreign Reinsurance Branche(FRB) in India. Hitesh Kotak, Chief Executive, India, Middle East and Africa, Munich Re,in an interview with Asia Insurance Post, outlines his...