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INDEMNITY INSURANCE
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...- FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance PoolIndia's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assur...
- Insurers redraw playbook as AI risks spawn new coverAI-specific underwriting is being built into existing policies, with standalone products expected as the market matures.
- Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
- India's war-risk insurance pool faces its first real-world testIndia's new maritime insurance pool has received its first claim. A vessel covered by the arrangement was damaged in a drone attack. This i...
- Railways rolls out reform push to speed up projects, boost freightIndian Railways unveiled reforms to enhance project execution and freight operations. Stricter contractor rules and insurance measures aim ...
- Catch 'em before they fall: India's new climate safety netIndian cities face a dual threat of extreme heat and torrential monsoons, severely impacting informal workers. Traditional insurance and go...
- India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
- Defined benefit vs indemnity type health insurance policy for coronavirus: Here's how to choose oneA benefit-based policy will ensure a fixed and guaranteed lump sum amount equal to the sum insured if one tests positive for Covid-19 and i...
- Irdai sets up panel to draft standard professional indemnity policy for insurance intermediariesInsurance intermediaries such as insurance brokers, insurance web aggregators, and corporate agent are required to take professional indemn...
- IRDAI considers allowing life insurers to offer indemnity health insurance plansIndemnity-based health plans are basically those insurance policies where the insured is reimbursed the actual expense incurred during hosp...
- Why are insurance companies bullish about the new bankruptcy law"As of now, the normal professional indemnity cover can protect," said Sanjay Datta, chief underwriting and claims, at ICICI Lombard differ...
- Now, an insurance cover for insolvency professionalsThese decisions might involve transactions worth crores of rupees.
- Insurance Queries: Do not hide illnesses while buying health insuranceAll medical history of the proposed insured is expected to be disclosed in the proposal form while buying health insurance.
- Who should you buy your health cover from?Some life insurers also sell health insurance policies, both indemnity and fixed benefit covers, the latter being more commonly offered.
- Banks still don't buy cyber fraud coversAll three banks have taken the mandatory 'bankers indemnity' insurance cover, they have not insured themselves against data breaches and cy...
- Irda bans life insurers from offering indemnity-based health productsIrda has asked insurance companies to withdraw products by giving three months' notice to policyholders and to continue existing contracts ...
- ICICI Lombard CEO Bhargav Dasgupta answers your insurance queriesEvery week, an expert selected by ET answers queries from our readers on insurance
- Tax worries shape merger and acquisition negotiations between strategic buyers and sellerPE funds and strategic buyers are asking for indemnity bond or insurance from the seller to cover a tax demand that may emerge in the futur...
- Cover your professional risks with indemnity insuranceProfessional indemnity insurance indemnifies the insured against financial loss from a claim brought about due to an error in a service.
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