"There will be a sea change in the process of underwriting and the claims settlement"
January 4, 2007
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M Ramadoss, CMD, Oriental Insurance Company
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All the reinsurers have shown anxiety about the lack of pricing discipline on the part of direct insurers in the post detariffing scenario |
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"Past experience, risk exposure in terms of usage, geography, safety conditions will determine pricing"
January 4, 2007
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Ajit Narain, MD, Iffco Tokio General Insurance
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Risk assessment process will gain more importance in a post detariffed regime |
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“No-one will go for rock bottom price if service is known to be slow, unreliable, untrustworthy”
May 4, 2006
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Andrew Clarke, CEO, & Greg Johnson, executive vice president (Corporate Broking), Aon Global Insuran
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The key is for the service provider to always give the customer more than they expect |
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“It is our constant endeavor to increase the speed of transactions and provide the best possible insurance solutions”
May 4, 2006
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Ajit Narain, CEO, Iffco-Tokio General Insurance
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Customer service is the most crucial factor for all kind of operations |
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"Innovation is an ongoing process as the needs of the customers continue to change"
March 1, 2006
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AK Shukla, chairman, Life Insurance Corporation of India
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A K Shukla says that the pricing of life insurance products be not judged on premium rates alone, but on total package including all benefits emerging from the product |
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Stand-alone health insurance company
March 1, 2006
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M Ramadoss, CMD, Oriental Insurance Company
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the stand-alone health insurance company with an exclusive tie-up with selected hospitals coupled, with efficient claims management module, will be able to grow this market in a profitable way |
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“Lack of accurate data is one of the biggest hindrances in the scientific pricing of the products without which de-tariffing can show negative effects,”CS Rao, chairman, Insurance Regulatory and Development Authority
March 20, 2005
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C.S.Rao, chairman, IRDA
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After a long debate IRDA has opted for caution over speed to switch over to de-tariffing system for India’s general insurance industry. In an exclusive interview with Asia Insurance Post, chairman, IRDA, CS Rao makes a strong case for progressive de-tariffing only after establishment of scientific basis for arriving of rates. |
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“Liability insurance is would be worth $300 billion in India”
February 16, 2005
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Praveen Vashishta
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Praveen Vashishta, CEO & MD, Howden Insurance Brokers India unveals Howden's strategy and products for booming Indian market |
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“The new pension system could be expected to generate, conservatively $10 billion in assets under management by 2010”
February 15, 2005
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Norman Sorensen
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Norman Sorensen, president, Principal International Inc explains Indian government's new pension system will allow Indian contributors to accumulate sufficient funds for a dignified retirement, and will reduce the government’s obligations. |
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We cannot provide credit protection because we do not have well developed credit information agency that gives credit information
November 1, 2003
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Ms.Veena Manker
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Veena Manker, managing director, Global Trade Finance explains the efforts of her institution to bring in global instruments for promoting export finance in India . |
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