Optima Insurance Brokers Pvt. Ltd.

Insights

Our views on important risk issues and emerging risks.

Industry News

Govt aims to cover up to 50% of people with low-cost insurance schemes

May 26, 2015

Indian Finance minister Arun Jaitley has said that the government is looking to significantly increase the insurance coverage in the…

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Maharashtra tops in non-life premium, Delhi No 1 in insurance density

May 18, 2015

The state of Maharashtra, of which Mumbai is the capital, has topped the list of regional markets in India in…

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Internet insurance sales to exceed US$62 bln by 2020

May 14, 2015

The Internet will help drive insurance sales of up to INR4trillion (US$62.5 billion) annually in about five years as customers…

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Insurers call for new building code after Nepal quake.

May 8, 2015

Non-life insurers and the industry regulator plan to ask the National Disaster Management Authority (NDMA) to make earthquake-resistant construction codes…

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AXA is first foreign insurer to increase stake in insurance jv to 49%

May 7, 2015

Paris-headquartered insurer AXA has received the Indian government’s approval to raise its stake in two local insurance joint ventures with…

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GIC Re expects insurance claims of US$50 mln from Nepal quake

May 4, 2015

India’s state-owned national reinsurer, General Insurance Corporation of India (GIC Re), is expecting claims worth US$50 million from the Nepal…

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India: Non-life premiums expand by 9.3% to US$13.5 billion for year to 31 Mar

April 21, 2015

Subdued new premium growth due to poor auto sales and the lack of new projects have dented the general insurance…

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India: New agent rules to affect valuation of insurers

April 14, 2015

Regulations covering corporate agents proposed by the insurance regulator that would require a bank to sell the insurance policies of…

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India: Regulator drawing up health insurance framework.

April 10, 2015

The Insurance Regulatory and Development Authority of India (IRDAI) is reviewing health insurance guidelines, following the amendment last month of…

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ONGC’s renewal premium drops 40%, Endurance and Aspirin are new lead reinsurers.

March 30, 2015

Energy major ONGC has driven a hard bargain to renew its re/insurance cover, at around USD 20 million — a…

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