June 2022

Marsh India News & Views

Marsh India Newsletter– News & Views. The latest edition provides an insight into the latest developments during the quarter as well as a succinct review of the key facets surrounding the key risks, preparedness, and risk management solutions in India.

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We are pleased to share the latest quarter issue of our Newsletter – News & Views, which provides an insight into the latest developments during the quarter as well as a succinct review of the key facets surrounding the key risks, preparedness, and risk management solutions in India.

In this edition of the Newsletter, we have tried to analyze the latest trends in the energy sector amid the changing dynamics of the use of cleaner alternatives and the latest medical inflation trend in Asia.

With the world debating on the use of fossil fuel and alternatives, “Green Hydrogen” has emerged as one of the long-term solutions for future energy needs. In an increasingly electrified world, the benefits of green hydrogen as a storable, and transportable energy source is widely recognized. The first article sheds light on the potential of green hydrogen and its feasibility as a long-term sustainable alternative.

In this edition, we also talk about the main takeaways from the recent report by Mercer Marsh Benefits (MMB), which surveys 210 insurers globally, including 74 in Asia, and identifies key trends influencing the future of employer-provided medical benefits. The report MMB Health Trend Report 2022, shows The employer-sponsored medical benefits programs in India is expected to rise by 15% in 2022, the highest increase anticipated in the Asia region and three times the predicted general inflation rate for India.

The current edition also includes our usual news and media segments, as well as the initiatives and innovations done by Marsh India to support our clients during the quarter.

We aim to make this newsletter a forum for discussion on issues relevant to the insurance industry and hope you find it informative and insightful. We welcome your feedback and encourage you to share it with us at contact.india@marsh.com.

 

Warm regards,

SANJAY KEDIA
Country Head and CEO
Marsh India
 

Disclaimer: Marsh India Insurance Brokers Pvt Ltd is a subsidiary of Marsh McLennan.

Marsh India Insurance Brokers Pvt. Ltd. having corporate and the registered office at 1201-02, Tower 2, One World Center, Plot-841, Jupiter Textile Compound Mills, Senapati Bapat Marg, Elphinstone Road (W), Mumbai 400 013 is registered as a composite broker with Insurance and Regulatory Development Authority of India (IRDAI). Its license no. is 120 and is valid from 03/03/2021 to 02/03/2024. CIN: U66010MH2002PTC138276.