Timely blogs from our risk and insurance experts on the issues and trends that affect your business – and your bottom line.
In a modern economy that is heavily dependent upon international trade, issues such as protracted default, insolvent buyers, and political uncertainty are ever-present. Unfamiliarity with new buyers and markets may deter sellers from extending the necessary credit required to conduct domestic or cross-border business. The issue can be more pronounced in volatile regions, where concentration of the credit risk may pose a particular concern.Read more
A reputable construction firm in India discovered irregularities in a flagship project pertaining to the structure of one of its key buildings just after handover.Read more
The Indian banking sector has been attracting lot of public attention of late. Be it the recent fraud reported at a major public sector bank, NPA resolution, the need for recapitalisation and the impact on fiscal deficit or rising cyber-crime.Read more
Union Budget 2018 has proposed a host of measures which is expected to transform the Indian healthcare system. The hallmark of the Budget pertaining to health insurance rests in three A’s – Adequate Insurance, Adequate Care and Adequate Access. By working towards these three As, budget shifts the attitude from “ease of doing business” to “ease of living”.Read more
Cyber security clearly is a boardroom issue for Directors and Officers now, what you should do to transfer the risks of liability out?Read more
The period from June to September is the rainy season or monsoon in India. In the states of Tamil Nadu and Karnataka, the rains continue until November. Cargo plays a vital role in supply chain management. Any disturbances due to monsoon can lead to cargo claims and affect a business organizations supply chain.Read more
A series of extreme weather events around the world in the past couple of weeks devastated cities, took lives, damaged property, and disrupted businesses. Marsh offers insurance claims tips for these, and similar weather and natural catastrophe events in future.Read more