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Insights

Our views on important risk issues and emerging risks.

Industry News

India : Govt-owned insurers to create nuclear insurance pool.

December 4, 2014

India’s stalled civil nuclear power programme with foreign participation is set to get kickstarted with public-sector insurers agreeing to create…

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India : Oil giant buys multi-million $ Insurance cover for Refineries.

November 17, 2014

State-owned Indian Oil Corporation (IOC) has taken a mega insurance cover of INR50 billion (US$810 million) for each of its…

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India : Insurers Moot auto 3rd-Party Liability cap of US$16K.

November 13, 2014

General insurers are seeking a maximum limit of INR1 million (US$16,263) on motor third-party liability claims arising from road accidents….

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India : Regulator to get tough on unhealthy pricing practices.

November 14, 2014

The Insurance Regulatory and Development Authority (IRDA) is cracking down on general insurance companies offering heavy discounts in group insurance…

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India : Long-Term Auto polices for Commercial Vehicles are remote.

November 12, 2014

Long-term motor insurance for commercial vehicles is still some time away because non-life insurers are unprepared to bear the same…

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India : Regulator warns against Loss making Group-Health Covers.

October 20, 2014

The insurance regulator has warned insurance companies that they would be penalised if they accept group health covers at a…

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India : Panel Reviews proposed merger of Govt-Run Non-Life Insurers.

October 14, 2014

The Select Committee of the Rajya Sabha, the upper house of the Parliament of India, which is vetting proposed amendments…

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India : Auto Bill Imposes Big Fines For Uninsured vehicle Owners.

October 9, 2014

A draft Bill to amend the motor vehicle law has attracted wide attention because of its proposals for big increases…

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India : Insurers ordered to pay flood claims without verification.

October 13, 2014

India’s Supreme Court has ordered the country’s four state-owned general insurers to pay out at least 50% of claims arising…

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Singapore : Construction insurance grows as emerging markets build.

September 22, 2014

Singapore has become Asia’s insurance hub for insuring construction risk , with companies based in the city-state projected to underwrite…

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