Optima Insurance Brokers Pvt. Ltd.

Insights

Our views on important risk issues and emerging risks.

Industry News

Govt-owned insurers slapped with US$105-mln fine.

July 21, 2015

The Competition Commission of India (CCI) has imposed a total penalty of INR6,710.5 million on the four state-owned general insurance…

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Govt mulling 100% foreign ownership of insurance brokerages.

July 14, 2015

The government is considering allowing 100% ownership by foreign entities in insurance intermediaries, including brokers, despite opposition from the Insurance…

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Specialisation to intensify in non-life insurance sector

June 25, 2015

General insurance players in India believe that companies in the sector are likely to take a segmented or specialist approach…

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Insurers lose 6% of revenue to fraud each year

June 19, 2015

Non-life insurance companies in India lose approximately 6% of their revenue annually due to fraud, according to Mr Sanjiv Kumar…

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Only 30% people insure their homes

June 18, 2015

Around 30% of people polled in a survey bought home insurance even though 75% of them were aware that home…

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Hannover Re to offer reinsurance in govt low-cost scheme.

June 16, 2015

Hannover Re, the world’s third largest reinsurer, has decided to offer reinsurance cover for the Indian government’s low-cost accidental death…

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Insurers urged to price products based on claim analysis.

June 12, 2015

India’s insurance regulator has asked the industry to make a concerted effort to rectify pricing anomalies by undertaking a scientific…

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Panel suggests linking health premiums to inflation rate.

June 2, 2015

A health insurance panel has proposed that increases in health premiums each year be linked to the Consumer Price Index-based…

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Newcomers to insurance market to specify geographical scope.

June 1, 2015

India may soon have regional insurance companies operating only in select locations and regions. In addition, irrespective of where they…

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How Akshay Kumar packs a punch with Rs 35-crore personal accident insurance cover

May 28, 2015

India’s Jackie Chan has proved why no one comes close to what he pulls off, on and off screen. Like…

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