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FUTURE IS BRIGHT EVEN THOUGH PRESENT IS BLEAK
Year 2000 – Foreign players allowed 26% stake. Many foreign
- Atmaram Cheruvu
ARBITRATION AWARD DEFAULT
X infrastructure company, based in India, builds an airport in
- Atmaram Cheruvu
IS PERSE RATING MAKING A COMEBACK IN FIRE INSURANCE?
This long-forgotten term “Perse Rating” again is being heard. Not
- Atmaram Cheruvu
INTERIOR WORKS AND SURROUNDING PROPERTY
I would wish to express my sincere thanks to Srikanth
- Atmaram Cheruvu
INSURING INTERIOR WORKS & BUILDING
A building has been constructed by a civil contractor and
- Atmaram Cheruvu
SUNSET CLAUSE IN LIABILITY XOL REINSURANCE
Wording of Sunset clause in reinsurance contract on risk attaching
- Atmaram Cheruvu
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NON-STANDARD CLAIMS Breach of warranty gives right to the insurers to void the contract and avoid the claim. Even considering
- Atmaram Cheruvu
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Sunday Blog. After all the insurance topics all these days, probably a non-insurance topic may be better for a Sunday.
- Atmaram Cheruvu
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In simple words, a Captive Insurance company is one in which the insurer is wholly owned by the insured. Most
- Atmaram Cheruvu
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Eid Mubarak Friends of Mad Over Insurance across the world. Eid ul Fitr marks the end of the holy month
- Atmaram Cheruvu
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The Insurance Information Bureau is a body to analyzes insurance data in India. One of the objectives of IIB is:
- Atmaram Cheruvu
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Health Insurance in 2023-24 constitutes over 40% of the non-life insurance premium. It includes Individual Health, Group Health, Government Schemes
- Atmaram Cheruvu
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The following are the loss ratios of Group Health for the four-year period from 2019-20 to 2022-23: Public Sector: 106%,
- Atmaram Cheruvu
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Health Insurance is a long-term product. Non-Life Insurers mindset is short-term. They are used to annual policies. They have inability
- Atmaram Cheruvu
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I had bought an indemnity-based health insurance policy from a life insurer in 2009. That was the short period in
- Atmaram Cheruvu
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Star Health Insurance: Quarter 3 FY 2023-24 Results Analysis Topline Growth:16.5% Bottomline Growth: 38.1% Brilliant results in an industry
- Atmaram Cheruvu
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The General Insurance Council introduced “Cashless Everywhere”. Health insurance customers can choose from over 40,000 hospitals across India to get
- Atmaram Cheruvu
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14th & 15th December 2023, BSE Index went up by around 2%. However, Listed Life Insurers on an average fell
- Atmaram Cheruvu
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Let’s consider the below news that appeared in 2016: QUOTE An arbitration tribunal in Singapore has ruled in favour of
- Atmaram Cheruvu
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In yesterday blog, I mentioned about the Section Warranty. I had mentioned one of the many wordings used by the
- Atmaram Cheruvu
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We see large number of Warranties and Clauses in Project Insurance Policies. Wordings of these Warranties and Clauses are brilliantly
- Atmaram Cheruvu
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CAR and EAR policies are Project Insurance Policies. In projects, Contractors Plant and Machinery (CPM) like Cranes, Forklifts, etc are
- Atmaram Cheruvu
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Is compares the insurance cost per unit of power generated as an appropriate tool to be used by power-generating and
- Atmaram Cheruvu
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Many companies outsource a large number of activities. These could include HR, accounting, payroll, legal services, Insurance, etc. Some of
- Atmaram Cheruvu
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Recently I made a blog on Ultimate Net Loss Clause (UNL Clause) and explained what is UNL and what is
- Atmaram Cheruvu
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Yesterday, when I wrote the blog on clean cut accounting, one of our friends asked me to explain as how
- Atmaram Cheruvu
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WHAT IS ULTIMATE NET LOSS (UNL)? Before we get into the clause, let us understand what is UNL? If we
- Atmaram Cheruvu
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Major functions of Reinsurance are A) To provide capacity B) Catastrophic Protection C) Stabilize Loss Ratios D) Mechanism to Exit
- Atmaram Cheruvu
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When we were talking about Hours Clause in CAT XL, we talked about “Number of Occurrences” and its impact on
- Atmaram Cheruvu
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Yesterday, I had given a problem related to claim recovery. I requested for responses either in comments or in my
- Atmaram Cheruvu
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Why should any individual buy a particular insurance policy? Insurance is a Risk Management tool. If an incident in the
- Atmaram Cheruvu
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If we leave the Motor, Health, and Crop portfolio, Fire is the largest portfolio for any Indian Insurer. It is
- Atmaram Cheruvu
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Insurance losses develop over years. Estimates of outstanding losses at end of each financial year are provided by each insurance
- Atmaram Cheruvu
