Rajive Kumaraswami, MD & CEO, Magma HDI General Insurance

``We aspire to touch Rs 1000 cr premium mark by the end of the fiscal''

      Nov 14, 2018

What is your business focus ? We are mainly a retail player and intend to maintain our corporate business at around 15% to 20% of the book. In future, we will continue to be focused on retail products across the motor and health family. We...

Jaideep Davare, Managing Director, Mahindra Insurance Brokers Ltd

``We have been able to reach insurance solutions to customers in over 2,00,000 villages in India''

Intermediaries       Oct 12, 2018

   How do you expect the developments in the India re/insurance market in next five years? New business premium underwritten in the Life Insurance market in FY 2017-2018 was Rs 1,93,900 Crore (USD 29 billion) with a compounded average growth rate (CAGR) of 23 per cent...

  Rajesh Kandwal,CEO & Managing Director,  Life Insurance Corporation (International) BSC (c), Bahrain

``We have initiated steps to obtain a Branch License in Qatar’’

      Sep 17, 2018

  How has been your performance in 2017 in terms of premiums, policies, claim settlement and profitability? The company has done quite well in the year 2017. We have posted good performance in all areas of operation and stands out as one of the major players...

Sanjay Radhakrishnan, CEO, JLT Independent Insurance

``JLT Independent has premium placements exceeding Rs 1000 cr in a span of three years’’

Intermediaries       Aug 14, 2018

  Which are the segments where JLT Independent is prominently present in India? Does the company handle only international clients or Indian companies as well? Over 85 per cent of our client base is local and segments such as energy, construction, large complex corporate risks, financial...

Winfried Heinen, Chairman of the Executive Board of Directors of General  Reinsurance AG,

``Market conditions are very tough in the Indian general reinsurance business''

Reinsurance       Jul 10, 2018

  Winfried Heinen, Chairman of the Executive Board of Directors of General  Reinsurance AG   Finally you have a direct branch operation in India. How do you see the journey so far?  Establishing a reinsurance branch is an important milestone for us. We firmly believe in the...

Ada Lam, Underwriter, Markel International Singapore

“China and India have seen growth in the demand for liability insurance”

      Apr 19, 2018

  How do you see the liability risks scenario in the Asian economies? The general liability risks scenario for India is viewed as low. However, this can be deceiving if applied across all of liability exposures as certain exposures at a primary level such as Directors...

Sanjeev Nautiyal,,newly appointed MD & CEO of SBI Life

``For acquisition,we will look at opportunities which are good in pricing’’

      Apr 04, 2018

  How do you see the Indian life insurance sector? I see the Indian life insurance sector quite positively. See, the country’s life insurance sector is under- penetrated at the moment. If things like industrialisation, financialisation and urbanisation grow, the life insurance will also grow.   And...

Victor Peignet, SCOR’s CEO Global P&C

``International reinsurers have taken a cautious stance & we have not seen an increase in competition in an already competitive Indian market''

Reinsurance       Mar 18, 2018

  Now that you have set up branch operations, what are your plans for the Indian market? Receiving the R3 authorization from the IRDAI to establish a SCOR branch in India marks a milestone for the Group in terms of solidifying its presence in the country,...

Hemant Nagpal - Director, Model Product Management,Risk Management Solutions(RMS)& Christine Ziehmann,Vice President, Model Product Management, RMS

``India is set to become the first and the only country to have a plan and strategies to reduce natural calamities losses’’

      Feb 24, 2018

What are the cat risks Indian market experience? The major natural catastrophe perils affecting India include tropical cyclones, floods, earthquake, tsunami and droughts. Landslides and hail are also common in parts of India with the latter generally affected standing crops. India ranks among the top...