Magazine Table of Contents
While motor insurance has so far not had to bear the brunt of the effects of COVID-19, the pandemic is still causing enough disruption to make the short-term outlook for the sector unpredictable.
India’s motor insurance premium declined in 2020-21. Is this trend here to stay as health insurance gets preference in the pandemic or is it just a temporary anomaly?
Motor continues to dominate the non-life insurance business in Sri Lanka and despite challenges from the COVID-19 pandemic and government policies the segment will remain dominant in the future.
Life & health
At a recent life insurance roundtable facilitated by KPMG, some of the top executives in Australia’s life insurance industry gathered to discuss how the sector can rebuild the faith of its customers and capitalise on difficult market conditions to improve its fortunes.
In the financial year 2020-21 Indian health insurance achieved the highest growth of all lines of business, driven by a sharp increase in retail health business as people hit hard by the pandemic scrambled for an insurance cover.