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BBCNEWS Asia Business Report June 4, 2024 23:40:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:40:00

Unaddressed challenge — barely 8% of the total losses are covered by insurance, according to the research arm of the country's largest bank. it means an average indian is insured only roughly about 8% of what might be required to protect the family from a financial shock following a disaster. that leaves the country with a 93% insurance protection gap — far higher than the global average of 54%. urgent solutions to thought this through public—private disaster pool and improving awareness about insurance amongst more businesses are some of the things the report recommends to address this ...

Idra, insurers call for measures to narrow protection gap - Vimarsana News

Idra, insurers call for measures to narrow protection gap

Insurers, regulators, and experts emphasise the importance of addressing and narrowing the insurance protection gap through various measures, including improving insurance awareness, transparency, digitisation, affordability, accessibility, and product innovation. They acknowledge that the fundamental challenges of the sector require engagement with stakeholders across the

Insurance experts meet in Nairobi to address low product uptake - Vimarsana News

Insurance experts meet in Nairobi to address low product uptake

The conference is aimed at sharing insights on inclusive insurance business models.

12 Biggest Health Insurance Companies in the World - Vimarsana News

12 Biggest Health Insurance Companies in the World

In this article, we discuss the 12 biggest health insurance companies in the world.

Blue Marble: protecting the uninsured together - Vimarsana News

Blue Marble: protecting the uninsured together

With a strategy to tackle big problems in a different way, with different people, Blue Marble’s James Whitelaw and Jaime de Piniés explain what the consortium-backed innovator has planned for the protection gap.