As climate-related events become more frequent across India, parametric insurance is emerging as an innovative risk management solution for businesses and communities. According to Policybazaar for Business, India’s parametric insurance market is expected to grow at 11.3% CAGR through 2028, outpacing global growth as demand increases across climate-sensitive sectors. Key highlights: 🌾 Agriculture leads adoption […]
Intro:Despite economic headwinds, climate volatility, and rapid tech disruption, insurance leaders are doubling down on growth. According to KPMG International’s 2025 Insurance CEO Outlook, 82% of CEOs express confidence in their company’s growth trajectory—up from 74% in 2024—with 78% bullish on the industry overall. AI Takes Centre Stage:Artificial intelligence isn’t just a buzzword—it’s the top […]
Intro:In a strategic move to accelerate growth in one of Asia’s most dynamic insurance markets, Assicurazioni Generali S.p.A. has appointed veteran insurance leader Krishnamoorthy Rao as Managing Director and Chief Executive Officer of its Property & Casualty (P&C) business in India. The appointment takes effect 1 April 2026. Why This Matters:Rao brings over 35 years […]
India is poised to become the fastest-growing major insurance market globally by 2030, outpacing both China and the United States, according to a new outlook from Swiss Re. The reinsurer projects India’s insurance premiums to grow at a compound annual rate of 6.9% through 2030, driven by strong demand across life, health, and motor insurance […]
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