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: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 […]
The insurance sector is experiencing a seismic shift as artificial intelligence (AI) becomes a cornerstone of operations, transforming the industry from a “detect and repair” model to one focused on “predict and prevent.” Traditionally, insurers have addressed risks after they occurred. But with AI-driven insights, the industry is now taking a proactive stance—anticipating risks before […]
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