Optima Insurance Brokers Pvt. Ltd.

Insights

Our views on important risk issues and emerging risks.

Industry News

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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General insurers reliant on investment gains to offset technical losses

May 31, 2019

India’s non-life insurance market is marked by continued reliance on realised and unrealised investments gains to offset technical losses, potential…

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IRDAI proposes substantial hikes in motor 3rd party insurance premiums

May 23, 2019

While proposing the revision in the third-party insurance premium rates, the regulator has also introduced some welcome features in the…

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Insurers prepare for claims from cyclone Fani

May 7, 2019

Insurers are preparing to manage claims arising from an extremely powerful cyclone which battered the eastern Indian state of Odisha…

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Government Owned General Insurers Lose More Market Share In FY2019

April 24, 2019

Public sector general insurance companies are losing market share, in terms of premium income, to their counterparts in the privately…

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IRDAI directs insurers to create standard health insurance product

February 22, 2019

IRDAI, the insurance regulator in India, has asked all non-life insurers to offer a standard health insurance product so that…

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