KB Vijay Srinivas

The author is retired director and holding joint additional charge as CMD of United India Insurance Company Ltd

Scrutiny and Need For Transparency – LIC

It is also rated as the third most valued insurance brand worldwide and the fourth most trusted brand in India. Recently the government divested...

Insurance: Focus on customer and their rights…

GST clarification-a relief for insurers The GST Council took a decision not to levy tax on insurance premium and reinsurance commission, retrospectively. Co-insurance is an...

The real winners – Elections 2024

Election Commission There was a talk about the election commission being biased. This gained further traction with the appointment of two election commissioners at short...

Insurance Round Up – Changes favouring customers…

Major changes have happened in the insurance sector. While some bring cheer to the retail sector, few favour with the corporates. Till 2006, the insurance...

Insurance – Predatory practice to lure customers

Insurance sector has been under the scrutiny of government agencies for some time now. First the GST authorities raised a huge demand running into...

Insurance – Will the consumer be protected from influence?

Unlike other sectors, insurance is considered to be a field where there has to be strong regulations to protect policyholders. Despite this, policyholders are...

Global Turmoil will shape insurance – KB Vijay Srinivas, retired director and holding joint additional charge as CMD of United India Insurance Company

Insurance mainly depends on the performance of trade and economy. World over, times have not been good. As the sector is tied with trade...

Arbitration dilemma and an internal ombudsmen

In 2022, insurance disputes accounted for a significant 27 per cent of cases in consumer courts, revealing the pervasive challenges within the industry. Out...

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