Optima Insurance Brokers Pvt. Ltd.

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Industry News

Indian Insurance Market is growing fastest in the World

The Indian insurance market has witnessed an impressive growth rate in the last two decades primarily driven by the bigger…

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Indian Insurance market is the fastest growing in G20 Group of Nations with growing exposure to Natural Catastrophe

As per research by Swiss Re, in the coming 5 years, India is forecasted to have the fastest-growing insurance sector…

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National Insurance Academy proposes to cover high-risk areas with mandatory natural calamity cover

National Insurance Academy (NIA) has proposed to make natural catastrophe (NatCat) cover compulsory in highly vulnerable and disaster-prone areas, with…

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Insurance companies in India cancels war damage coverage

Marine cargo insurance policies are vital for the businesses involved in the transportation of goods, in particular shipping across the…

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Cyber Insurance gains traction in India; set for exponential growth

A Deloitte report has forecasted that the Indian cyber insurance market will grow by 27-30% in the coming years. The…

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In India, US$720bn is the Guarantee Gap for Infrastructure Construction

India’s surety insurance bond market has not yet taken off due to unaddressed risks and the absence of market makers,…

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IRDAI to expand reinsurance market, overhauls regulations

India’s Insurance regulator, IRDAI has approved a wide-ranging overhaul of reinsurance regulations aimed at promoting a favourable business environment and…

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Asian emerging markets forecasted to drive global economic growth

Emerging Asia is likely to be the engine of growth for the world economy in the coming years. With the…

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Indian Insurance regulator directs Insurers to report cyber threats within stipulated time

IRDAI has advised all insurance companies to promptly inform cyber security related incidents, as it came to know that many…

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Indian Insurance Regulator is reviewing to allow entry of managing general agencies into insurance market

Indian domestic insurance market is set to witness IRDAI’s path breaking regulatory reform with the regulator considering the feasibility of…

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