Everything about life insurance!
“Insurers need to become catalysts for innovation and government need to spread awareness across each corner of the whole country in order to drive growth in Indian insurance sector” Even after being the world’s 7th largest country, the second most populous one, the country with …
Even as Indian life insurers have recorded improvement in Indian assured lives’ mortality rates across age-groups and genders, the 13-20 years age bracket has bucked this trend. Mortality rates have risen by nearly 5% as per Indian Assured Lives Mortality table 12-14 published by the …
Right from the day all of us started studying the life insurance domain in the actuarial industry, we have all been fed the concept of actuarial reserving which forms the foundation of the insurance industry. Ever wondered, who was the genius mind who would have …
Policyholders are likely to get better returns on their life insurance policies from April as the regulator has asked insurers to bring down their overall expenses. In its exposure draft, the Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to bring down …
With the Insurance Laws (Amendment) Act, 2015, in place, foreign insurance companies have started to increase their stake in India. This puts focus on valuations and factors that drive valuations. Richard Holloway, managing director, South East Asia and India, life, Milliman Inc., and Sanket Kawatkar, …