Articles

Indian general insurers defy Covid barriers, record 300% jump in net profit to Rs 3,868 cr during FY2021

Health, Non-Life, Pandemic       Sep 19, 2021

  Mumbai, Sept 20: In a remarkable development, despite paying a huge sum as claims and facing other challenges and constraints triggered by Covid- 19 Pandemic through out the fiscal, led by New India Assurance(NIA), the Indian general insurance industry with 31 players,has seen its net...

Financial services beware, outsiders are cracking the code

Banking & Bancassurance, Technology       Sep 16, 2021

  By  Anna Irrera and Iain Withers Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out the traditional financial middleman and plugging in software from tech startups to offer...

9/11: Specter of terrorism risk still hangs over re/insurance industry

  Ben Dyson Insurers, reinsurers and brokers are still grappling with how to best address terrorism risk and absorbing the lessons of the tragic events of Sept. 11, 2001, two decades after they shook the world. Almost immediately after the attacks, the parts of the insurance...

COVID-19: further lockdowns unlikely but some winter restrictions are possible

Eco/Invest/Demography, Health, Non-Life, Pandemic       Sep 12, 2021

  By James Gaughan,Research Fellow in Health Economics, University of York & Peter Sivey,Reader in Health Economics, Centre for Health Economics, University of York On July 19 2021, nearly all legal restrictions aimed at limiting the spread of COVID-19 were removed in England. A requirement to...

From locusts to cyclones: the human cost of interlinked disasters

Many extreme environmental events have a devastating effect on people's lives, and a new UN report reveals that many of them are linked by the same underlying causes. On the day the study is released, we look at the impact of a locust swarm on...

Blue sky thinking: 5 things to know about air pollution

  1) Air pollution kills millions and harms the environment It may have dropped from the top of news headlines in recent months, but air pollution remains a lethal danger to many: it precipitates conditions including heart disease, lung disease, lung cancer and strokes, and is...

Sanjay Datta, Chief - Underwriting, Reinsurance & Claims, ICICI Lombard General Insurance

Covid 19 Pandemic: Almost 1 in 3 affected due to work stress, ICICI Lombard survey

  The pandemic has completely transformed the way the masses perceived wellness and the relation of mental health with wellbeing, with 86% of people equally engaging in activities to improve both physical as well as mental health, according to ICICI Lombard General Insurance. The survey, undertaken...

The hybrid work revolution after Covid-19 is already transforming economies

Libby Cherry  Even in the 19th century, workers were beginning to resent the grind of office life. “You don’t know how wearisome it is to breathe the air of four pent walls without relief, day after day,” British essayist Charles Lamb wrote in a letter...

Shivindra Pratap Singh, Managing Director of Lancers Network Limited

Modernising Fraud Risk Management: a must for Insurers in Pandemic

Life, Non-Life       Aug 23, 2021

  The Covid-19 pandemic is certainly the biggest disruptor that our nation has experienced since independence. Loss of life and livelihood, erosion of wealth at all levels of the society has infused unprecedented levels of uncertainty into our lives, aided no doubt by the dynamic nature...

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