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MCKINSEY REPORT ON INSURANCE
India insurance growth to hinge on AI-led distribution, ecosystem partnerships: McKinseyThe insurance sector in India is expected to grow through AI-led distribution and ecosystem partnerships. Insurers are reassessing traditio...- Rains Raksha in India may not be enough to fight $250 billion heat billExtreme heat poses a significant economic threat to India's workforce and GDP. Lost labor hours and reduced productivity impact both worker...
- AI set to reshape insurance economics, push industry towards scale, specialisation: ReportArtificial intelligence is set to reshape the economics of the global insurance industry, with carriers, brokers and technology providers t...
- AI helps insurers cut onboarding costs, speed up claims processing: McKinseyArtificial intelligence is transforming the insurance industry by enhancing sales efficiency and minimizing customer onboarding expenses. T...
- AI edge will depend on building hard-to-copy systems, says McKinseyCompanies can no longer gain a competitive edge with standard AI models, as nearly 90% of organisations now use large language models said ...
- Govt proposes to raise FDI limit in insurance sector to 100%, seeks public commentsThe central government has proposed raising the FDI limit in Indian insurance companies to 100%, lowering the Net Owned Funds for foreign r...
- McKinsey faces US criminal probe over opioids work, sources sayThe probe is focused on whether McKinsey engaged in a criminal conspiracy when advising Purdue and other pharmaceutical manufacturers on ma...
- 7 Best Recommended Books for Every Management ConsultantSearching for the best business consulting books? We have compiled a list of 7 best books on management consulting that every consultant mu...
- Publicis India hires McKinsey's Lalatendu Das as CEO of Performics IndiaCurrent co-CEOs Pallav Jain and Sarfaraz Khimani have decided to step down and focus on Publicis Groupe Central Initiatives.
- 'Home nesting' and telehealth spending to keep rising post-pandemic, McKinsey survey findsOnline grocery shopping and virtual healthcare appointments are also expected to rise even as the COVID-19 pandemic recedes, while spending...
- India needs to grow at 8% in order to provide employment to new entrants: McKinsey ReportIndia needs to sustain 8-8.5% annual growth to gainfully employ the 60 million new workers expected to join the workforce by 2030, accordin...
- Insurance sector to reach $250 billion in 10 years: ReportIndia's insurance sector is expected to quadruple to about $250 billion over the next decade from around $60 billion now, according to a re...
- Goodbye bank secrecy, goodbye SwitzerlandAssets under management slid by a quarter to $921 billion in the five years through 2012 as clients withdrew money or paid taxes.
- 'Life Insurance sector may grow at 13-14% over four years'Life insurance industry is likely to grow at 13-14% over the next four years and contribute 10% to total global premium income growth, acco...
- Insurance cos reluctant to cover foreigners' treatment costIndia may have taken a lead in medical tourism, but insurance companies are reluctant to cover the cost of treatment of the foreign patient...
- Remote infrastructure management to become $15 bn opportunity for Indian IT: NasscomRemote infrastructure management (RIM) is poised to become a $13-15 billion opportunity for the Indian IT industry in another five years, a...
- India needs better health care to realise economic potentialIndia must improve the health care system to realise its economic potential and the country is well positioned to tackle challenges in the ...
- Life insurance growth to double in five yearsManagement consultancy firm McKinsey has forecast that India’s life insurance industry will double in the next five years from $40 billion ...
- Pharma boom: Drug market to hit $20 bn by 2015Incremental growth in the country over the next eight years will thus be the third largest opportunity globally, only after the US and Chin...
- Not all is hunky-dory for IT industryIT cos have some way to go before they attain full operational excellence in certain practices.
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