Optima Insurance Brokers Pvt. Ltd.

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Our views on important risk issues and emerging risks.

Industry News

State government may launch public sector insurance company

September 18, 2017

The Maharashtra government may soon become a new player in the insurance industry. The state government is planning to set…

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Insurers fear deluge of flood claims

September 1, 2017

Since late June, several states like Assam, Bihar, Gujarat Haryana and Rajasthan have been hit by devastating floods, leading to…

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13 insurers in Blockchain Cooperation

August 30, 2017

Thirteen Indian insurance companies have rallied together to use a blockchain-like technology to create a central repository of policyholder data,…

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Govt wants state-run insurers to turn around group health business.

August 23, 2017

The Finance Ministry has directed state-owned general insurers to put in place an appropriate mechanism for pricing group health cover,…

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Vehicles without clean pollution certificates to be denied insurance

August 17, 2017

The Supreme Court has directed that motor insurance renewals are not to be allowed without a valid Pollution Under Control…

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Biggest general insurer state-owned insurance entity to apply to float shares.

August 11, 2017

India’s largest general insurer, the government-owned New India Assurance, has filed a draft red herring prospectus with the Securities and…

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India to record maximum rise in healthcare cost in Asia Pacific region

August 8, 2017

India is projected to be in the top of the chart in the Asia Pacific region that would see maximum…

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Global reinsurers reduce exposure to crop insurance.

July 31, 2017

The Indian government-sponsored crop insurance scheme (PMFBY) launched last year is losing its sheen for the global reinsurers.The coverage under…

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Mandatory insurance cover for ECR passport holders from August 1

July 24, 2017

With effect from August 1, Insurance has been made mandatory for all Emigration Check Required (ECR) category passport holders who…

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Government pulls up PSU general insurers over underwriting practices

July 17, 2017

To ensure the financial stability of the PSU general insurers, government has ordered for the strict adherence to the prudent…

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