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

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),...
Munich Re promotes Parametric solutions for Cat losses in India

Munich Re promotes Parametric solutions for Cat losses in India

An one day event on “Disaster Risk Transfer and Financing Solutions for India”, organised by Munich Re, aims to bring together representatives from various Indian states, the insurance industry, government bodies, International organizations experienced in...
“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”

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...