All GLG News Analyses Filed Under: Insurance & Risk Management

Outsourcing won't work well until the Indian outsourcing firms develop the core competencies of key insurance operations.  

Stimulated by competition the insurance sector is growing by 15-20% per year.  The market is wide open, such that Banks are will to pay the higher premiums to add that service to their business.

HSBC + Aviva Barclays + Aegon ABNAMRO + Delta Lloyd Others will follow. The impact will be less for consumers since banking is the opposite of selling power.

Published articles about insurance fraud abroad supports the continued need for improved training and tools universally within the insurance industry designed to identify claim anomalies. While special investigative efforts can become cost prohibitive and potentially...

Mail did not produce higher generic utilization rates or lower costs for employers who hired a PBM to accomplish both.

Life Insurance Industry yet to penetrate the Indian market. Life Insurance awareness at very low levels among population. Scope for trying out different models to suit different segments of the population.

1. Downturn in profits in P/C segment due to "difficult rate environment" is questionable; 2. Higher commissions reported in analysis; 3. Operating culture does not work in clients' favor.

  Unbridled industrialisation has not only changed the way we live, whether we can live. Insurance industry set to emerge as the key underlying factor to rebuild a country’s economy in the aftermath of a natural calamity. Industrialised nations need to help developing countries in Asia and...

 It has become one of the more popular insurance areas focused from an investment, legal and consumer perspective.  Hedge funds are looking at the market due to perceived returns on investment.

1) Clifford Chance has advised 3i Group Plc and Khazanah Nasional Berhad on the creation of a US$620m (S$960m) reinsurance company registered in Singapore.2) The company is called Asia Capital Reinsurance Group Pte Ltd (ACR) and is likely to position Singapore as a key player in the insurance and reinsurance...