Optima Insurance Brokers Pvt. Ltd.

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Our views on important risk issues and emerging risks.

Industry News

Health insurers cannot contest claims after 8 years of premium payments

June 17, 2020

Health insurance companies will not be allowed to contest claims once the premiums on a policy has been paid for…

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Indian Govt Reviews Need For Nat CAT Pool

June 5, 2020

The Indian government is likely to reassess the need to establish a natural catastrophe insurance pool due to mounting economic…

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IRDAI Panel proposes increase in trade credit insurance cover

May 28, 2020

A working group formed by the insurance regulator IRDAI has proposed several changes to improve the credit insurance market and…

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Insurance Ownership Among Women Increasing

May 11, 2020

Women in urban India registered a sharp increase in life insurance ownership and awareness over the last 12 months, according…

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Coronavirus and Event Cancellation

March 13, 2020

It is increasingly likely that the Olympic games in Tokyo will fall victim to the coronavirus, in what would almost…

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Pilot scheme sends alerts to uninsured vehicle owners

January 31, 2020

Vehicle owners will, in a pilot programme, receive messages from the Transport Department if their vehicles lack third party liability…

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Fire premium rates hiked

January 29, 2020

Fire insurance premiums have been increased by 10-50% for most types of businesses for 291 business segments since 1 January….

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Marine insurers caught between US and Iran

January 17, 2020

Indian insurers are under pressure in the wake of recent events involving US and Iran, with reinsurers turning wary and…

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Bulk drugs makers hit by hefty fire insurance premium hikes.

December 2, 2019

Bulk drug makers have seen a significant jump in insurance premiums for fire and allied perils this year. Premiums have…

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ISRO seeks insurance for domestic satellite launches for the first time.

November 28, 2019

The Indian Space Research Organisation (ISRO) is looking to buy insurance cover for a domestically launched space satellite, the first…

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