Optima Insurance Brokers Pvt. Ltd.

Insights

Our views on important risk issues and emerging risks.

Industry News

Bulk drugs makers hit by hefty fire insurance premium hikes.

December 2, 2019

Bulk drug makers have seen a significant jump in insurance premiums for fire and allied perils this year. Premiums have…

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ISRO seeks insurance for domestic satellite launches for the first time.

November 28, 2019

The Indian Space Research Organisation (ISRO) is looking to buy insurance cover for a domestically launched space satellite, the first…

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IRDAI bars several health insurance exclusions

October 15, 2019

Insurance companies have been barred from excluding from coverage illnesses associated with hazardous work activity, artificial life maintenance, treatment of…

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Govt establishes national driver licensing database to combat fraud

September 25, 2019

The Transport Ministry is establishing an electronic database to store drivers’ licensing data from throughout the country. The database aims…

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Foreign investors can own 100% of insurance intermediaries

September 2, 2019

The Indian government has issued a notification putting into effect its decision to allow 100% foreign direct investment in insurance…

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State run general insurers pull down sector’s results

August 14, 2019

Three public sector insurance companies have dragged down the non-life industry into a INR440m ($6.2m) loss for the financial year…

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90% of Delhi buildings vulnerable to strong quakes

August 1, 2019

The Municipal Corporation of Delhi (MCD) and earthquake researchers believe that approximately 90% of buildings in Delhi are at risk…

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Regulator proposes changes to rules for Third Party Administrators

July 22, 2019

Health insurance policyholders in India could soon be able to select a third party administrator (TPA) of their own choice…

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Survey reveals how consumers fail to understand motor insurance

July 6, 2019

An online survey of thousands of car owners in India provided many interesting insights. The findings were released in conjunction…

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Government could unify all 4 state-run general insurers under one entity

July 18, 2019

The Indian government is reportedly planning to form a single mega entity by consolidating all four state-run insurers-Oriental, National, United…

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