Underwriters analyse whether to provide insurance to individuals or companies and determine the terms and conditions of the cover. They evaluate insurance applications and determine coverage amounts and premiums. Premium puts on its investigation glasses to find out more. STRIKING THE RIGHT BALANCE: Insurance underwriters strike a balance between...
Premium speaks to Prasanna Seshachellam, Director, Supervision, Dubai Financial Services Authority (DFSA) to know the salient features of the regulatory environment that controls the Dubai International Financial Centre (DIFC). Insurance business has been viewed as an important element of the unfolding financial services landscape of the DIFC, right from...
For many people, the reinsurance industry is not well known. Unlike fair weather friends, reinsurers help share and manage the world fraught with risks like shock absorbers. Sinchita Mukherjee from Premium brings out the essence of the multi-faceted role played by the reinsurers and their goals as being a significant...
Does media have a role to play within the insurance market? Sinchita Mukherjee from Premium believes researching and examining the role of social media and using the information to foster a greater understanding of the consumer behaviour as well as their expectations and responsibilities could further promote awareness for insurance...
Sinchita Mukherjee from Premium summarises Willis Re’s report on Solvency II and its expected impact on the European insurance industry. Aiming to achieve a harmonized approach for insurance and reinsurance regulation across the European Union (EU), the new solvency II regime is expected to take effect from January 2014 –...
What is the reason for the bizarre rate of attrition, which is prevalent in the insurance industry today? Is it because the industry is not promising enough, or is it because of lack of talent? Could it be that the industry is saturated? Mark Cooper, CEO, DNA Business Genetics takes...
Does gaining knowledge on the ‘hard’ and ‘soft’ market make sailing through the ups and downs smooth for the insurers and the reinsurers? Lukas Müller, Director and Head Market Underwriter for Middle East & Africa from Swiss Re tells Premium about the dynamics of the market and what needs to...
Kalpesh Desai, the ‘tech guru’ and CEO of Agile Financial Technologies shares his opinion about the strong foundation provided by technology, on the basis of which, many companies are sharing their success stories. KALPESH DESAI, CEO, AGILE FINANCIAL TECHNOLOGIES Having emerged out of a battered economy in the recent past,...
Shari’ah commentator Dr. Omar Clark Fisher shares his views on the importance of Social Enterprise Networking and how it can boost the insurance business. Heraclitus famously remarked, “You can never step into the same river twice, as new waters are flowing onto you.” Today’s rapidly changing technology and ever-expanding data-processing...
Owing to the sudden boom in healthcare, more health insurance providers are mushrooming in the region. Mr. Suresh Nair, executive director at Gargash Insurance Services speaks to Premium and outlines some of the keypoints to bear in mind while choosing the best health insurance cover. SURESH NAIR, EXECUTIVE DIRECTOR AT...
