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Get in-depth market research for Insurance companies in India, Maharashtra, Mumbai. Our experts analyze trends, gather valuable insights, and identify key opportunities to drive your business growth.
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Freight marine insurance is essential for exporters, importers, freight forwarders, logistics companies, and any business that ships goods internationally or domestically. It protects against potential losses due to accidents, natural disasters, or theft.
The Children’s Health Insurance Program (CHIP) provides low-cost health coverage to children in families that earn too much for Medicaid but not enough to afford private insurance.
While possible, regulators may require corrective actions, such as raising additional capital or limiting underwriting, to improve financial health.
Good faith and fair dealing are principles that require both parties in an insurance contract (the insurer and the policyholder) to act honestly, fairly, and without taking unfair advantage of the other party. Insurance companies must honor claims and disclosures in good faith.
The core SOA exams include Probability (P), Financial Mathematics (FM), Investment and Financial Markets (IFM), Short-Term Actuarial Mathematics (STAM), and others based on the chosen track.
Different types of insurance policies used for risk management include life insurance, health insurance, property insurance, liability insurance, business interruption insurance, cyber insurance, workers' compensation, and professional indemnity insurance. Each policy addresses specific risks faced by individuals and businesses.
It depends on the policy. Most policies cover fire, windstorms, and hail but exclude floods and earthquakes. Businesses in high-risk areas may need separate flood or earthquake insurance.
Subrogation ensures fair liability distribution, reduces insurance fraud, recovers insurer losses, and helps keep insurance costs manageable for all policyholders.
Get in-depth market research for Insurance companies in India, Maharashtra, Mumbai. Our experts analyze trends, gather valuable insights, and identify key opportunities to drive your business growth.