Optima Insurance Brokers Pvt. Ltd.

Insights

Our views on important risk issues and emerging risks.

Industry News

India: Govt considering cap on auto accident liability.

February 20, 2019

The central government is planning to set a limit on the liability arising from road accidents in a move that…

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India: Higher premium increases expected for 3rd-party auto insurance.

February 9, 2014

Vehicle owners are likely to have to pay higher premiums for third-party motor insurance from the next financial year which…

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India: Regulator looking at 60-day deadline to settle life claims.

January 26, 2015

India’s insurance regulator is looking to make it mandatory for companies to settle life insurance claims within 60 days, in…

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India: Private insurers shrinking networks in small towns

January 20, 2015

Private insurers are shutting their branch offices in small towns due to the lack of profits from these areas, leaving…

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India: Rules issued for banks to act as insurance brokers

January 19, 2015

Seeking to increase insurance penetration in the country, the central bank – Reserve Bank of India (RBI) – has issued…

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Non-life premiums expected to be generally stable in 2015

January 5, 2015

General insurance premiums are unlikely to harden this year despite record high catastrophe claims in India last year, as reinsurance…

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Motor Insurance Companies’ New Move To Restrict The Claim Payout.

January 3, 2014

General insurance companies have put a proposal in front of the Insurance Regulatory Development Authority (IRDA) to bring down fraudulent…

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Auto Firms Plan Insurance Cover Against Recalls.

December 24, 2014

Car manufacturers and auto parts suppliers are contemplating buying insurance policies that would insulate them from product recall risks, ahead…

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Premji Invest to buy 1 per cent in HDFC Standard Life Insurance.

December 23, 2014

Wipro founder Azim Premji’s Premji Invest, a family office specialising in private equity and venture capital investments, will purchase a…

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India : Fewer than 2% of Elderly Have Health Insurance.

December 8, 2014

Fewer than two of every 100 senior citizens in India are covered under public and private health insurance, even as…

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