THE INSURANCE TIMES - August 2023

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In this issue we have covered articles on The Holistic approach towards Enterprise Risk Management (ERM) - Sanjay Singh; War exclusion and its implication on cyber attack claims - Suvajit Chandra; The Impact of Geopolitical Uncertainties on Marine Insurance - Rohit Boda; Side A cover- Directors and Officers liability insurance - Kanishka Gadi; Health Insurance Claims Mismanagement in Psu Insurers is an eye opener - Jagendra Kumar.

Interview with Saroja Gunatillek, Managing Director / Actuary, S G Actuarial Consultancy (Pvt) Ltd. Sri Lanka, Actuarial and Risk Management Consultancy & Training Services. Interview with Sakate Khaitan, "a sharp corporate lawyer with strong commercial acumen", Khaitan Legal Associates.

We have covered news on General Insurance, IRDAI News, Health Insurance News, Life Insurance News and International News.

Besides it covers other interesting features.

The Holistic approach towards Enterprise Risk Management (ERM)

ERM looks at each business unit as a \"portfolio\" within the firm and tries to understand how risks to individual business units interact and overlap. It is also able to identify potential risk factors that are unseen by any individual unit. The Government ambitious plan of PM GatiSakti is the fine example of how ERM is being followed on principle.

7 mins

War exclusion and its implication on cyber attack claims

War being a catastrophic event of unimaginable scale is generally kept as an exclusion in every property and casualty policy.

8 mins

The Impact of Geopolitical Uncertainties on Marine Insurance

Marine insurance offers financial security against perils such as natural disasters, piracy, collisions, and theft, among others. By providing compensation for the loss or damage of goods, it helps facilitate smooth and efficient trade by minimizing financial risks and ensuring the continuity of supply chains.

4 mins

Trust with Law

Khaitan Legal Associates' website succinctly proclaims, \"We are a value-driven law firm.

5 mins

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THE INSURANCE TIMES Magazine Description:

The Insurance Times, which will be completing glorious 42nd year of successful and regular publication in 2022, is the most authentic information source on insurance in India.

The Insurance Industry under the new regulatory setup is moving forward aggressively.
Every month, the journal covers informative articles and features on both general insurance and life insurance. Besides regular columns for Insurance Regulators, Brokers, Bancassurance, legal, surveyor, agents, students etc; it brings you the latest and updated news of the Indian as well as overseas insurance industry.

Regular features on risk management and safety also keep you abreast of the latest risk management techniques. 

We regularly review the policies issued by life and non-life companies including comparisons of various products.

A special emphasis is given on marketing of insurance both life and general. This journal is a must for all persons connected with insurance companies, corporate bodies, brokers, banks, surveyors, agents, consultants, students, educational institutions and professionals.