Category: Insured
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Insured Should Ensure in Any Insurance Cover
When obtaining an insurance policy, it is essential for the insured to carefully review the terms and conditions to ensure they have adequate coverage. Here are some key aspects that the insured should make sure to have in any insurance cover: Read more
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Embedded Insurance
Embedded Insurance: refers to insurance coverage that is integrated into the purchase of a product or service, providing consumers with seamless protection without the need for separate transactions. Read more
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Signs of Probable Faulting Insurance Company
1. Declining Financial Performance. 2. Regulatory Actions. 3. Ratings Downgrades. 4. Solvency Concerns… Read more
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Insurance Cover in an Undeclared War
Insurance coverage in such scenarios can be intricate due to the ambiguity surrounding the nature of the conflict and the potential risks involved. Undeclared wars present unique challenges for insurance companies and policyholders alike, as traditional insurance policies may not explicitly address or account for… Read more
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Solvency
As the solvency ratio is such a crucial indicator for insurance companies, respectable Regulators have made it mandatory for all the insurers to have a solvency ratio of at least 1.5 and a solvency margin of 150%. Read more
