Optima Insurance Brokers Pvt. Ltd.

Insights

Our views on important risk issues and emerging risks.

Industry News

Regulator working on bands for agent commissions

November 16, 2015

The Insurance Regulatory and Development Authority of India (IRDAI) is working on a commission structure, which would have maximum and…

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Non-life insurers expect US$75-mln flood claims

November 24, 2015

The general insurance industry is likely to see claims of around INR5 billion (US$75.6 million) after record rains caused massive…

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Insurers swamped by flood claims

November 20, 2015

Heavy flooding in the past week in the southern province of Tamil Nadu have resulted in numerous insurance claims, particularly…

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2% tax makes a big hole in single-premium life business

November 5, 2015

To give new business from single-premium business a boost, life insurers in India plan to ask the government to do…

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Health insurers moving to geographical pricing

October 26, 2015

Insurance companies in India, hit hard by higher hospitalisation expenses in leading metropolises, are increasingly moving away from the concept…

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Indian control on insurance companies with FDI, clarifies Irda

October 21, 2015

Finally, clarity on ownership and control for insurance firms looking to raise funds from abroad. The Insurance Laws (Amendment) Act,…

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One lakh books lost in fire that ravaged store for over 20 hours.

October 1, 2015

Over a lakh books, magazines, stationery, DVDs and furniture were destroyed in a fire that broke out at the Crossword…

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Panel formed to develop revenue-sharing auto database

September 15, 2015

India’s insurance regulator has constituted a four-member committee to work on developing a revenue-sharing motor vehicle database for insurers and…

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Top 10 cities have US$180 mln GDP at risk from threats

September 7, 2015

India’s top 10 cities have US$179.8 billion GDP at risk from a series of threats over the next decade, according…

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Most employees expect life insurance cover from employers

September 2, 2015

While an overwhelming majority of employees – 73% – in India expect their employers to offer life cover under group…

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