From the viewpoint of insurance, risk is another word for peril, that is, for things that can go wrong.
Section: Money | Saturday, August 4, 2007 13:00 IST
The power to legislate by making regulations has been delegated to IRDA by Parliament. As an agency enforcing this legislation, IRDA performs executive functions.
Section: Money | Friday, July 27, 2007 23:41 IST
The broker is the most enterprising entity in the insurance value chain. He should mirror the risk of the client.
Section: Money | Friday, June 29, 2007 3:31 IST
Error & Omission, Product & People; and Directors and Officers liability are the major liability insurances expected to grow when the country progresses.
Section: Money | Friday, February 2, 2007 21:54 IST
Insurance industry should concentrate on consumer protection than micro-regulation.
Section: Money | Friday, December 29, 2006 23:59 IST
A reverse mortgage enables old homeowners to convert part of the equity in their homes into tax-free income without having to sell the home.
Section: Money | Friday, September 22, 2006 22:49 IST
Every healthcare system in the world is facing funding problems. This is because new innovations are sometimes very expensive, and a growing percentage of the population is elderly.
Section: Money | Friday, September 1, 2006 22:50 IST
Insurance in the US has changed dramatically since the NAIC was set up in 1871, with growing sophistication in underwriting and risk management.
Section: Money | Friday, August 25, 2006 23:14 IST
Consolidation in reinsurance industry claimed another player this year, as GE reached an agreement to be taken over by Swiss Re.
Section: Money | Friday, July 21, 2006 21:46 IST
The insurance industry must face up to the growing threat of climate change or risk financial ruin.
Section: Money | Friday, July 14, 2006 21:50 IST
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