For CAT modelling there are three main phases: Phase I: Hazard/Peril Assessment: In this phase, events based on Severity &
In response to yesterday’s post, Leena C. asked two queries: 1) How Reinsurer manages such accumulation through a clause? 2)
Date of Loss: 30th August 2003 Supreme Court Judgement: 28th Jan 2020. Delay, Deny, Defend-Why Insurance Companies don’t pay claims:
Yesterday, Nagarajan Girishankar in one of his posts asked about Indian D&O premium and loss data. And we can get
Factory mutual is a big name in risk engineering. They are in existence for last 200 years. They solely focus
There is talk of IIB rates from 1st Jan 2025. Will it work? I tried to look at the loss
Health Insurance in 2023-24 constitutes over 40% of the non-life insurance premium. It includes Individual Health, Group Health, Government Schemes
The following are the loss ratios of Group Health for the four-year period from 2019-20 to 2022-23: Public Sector: 106%,
Health Insurance is a long-term product. Non-Life Insurers mindset is short-term. They are used to annual policies. They have inability
We all heard of CAT XL. It is an excellent risk management tool for managing the CAT exposures of Direct
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