Premjeet Sharma had taken an “Easy Health Insurance Policy from Apollo Munich Health Insurance for his parents. During the third year of the policy, Sharma’s mother underwent heart surgery for aortic and mitral valve replacement at Kokilaben Dhirubhai Ambani Hospital.

The steep rise in the cost of treatment and growing awareness have led to an increase in the average sum insured under retail health insurance policies. The average sum insured, which was typically between Rs. 2 – 3 lakhs till two to three years back

Wedding liability insurance has become a requirement particularly in the Indian Market where the wedding can last for a week straight instead of the customary 2 days in the other countries. Yet, we find that all the developed insurance markets cater

However, a few general insurers have been offering add-on covers under package policies with higher CSI over and above the stipulated on payment of additional premium. The regulatory directed all general insurers to provide a minimum CSI

Life insurance industry saw its annualized premium equivalent at 7% year on year for the first six months of the current financial year. While private players witnessed higher growth at 13% Life Insurance Corporation of India (LIC) saw a growth at just 3% (year on year)

GIC Re has emerge as the 10th largest global reinsurer in the latest global ranking exercise by Standard & Poor’s Munich Re. Swiss Re and Berkshier Hathway Re are the top three global reinsurers in the latest ranking of top 50 global reinsurers.