Marsh India Newsletter - News & Views June 2021

We are pleased to share the latest issue of our Newsletter – News & Views, which provide insights into the latest developments during the quarter as well as a succinct review of key facets surrounding the COVID-19 vaccination drive in India. In this edition, we also explore the risks issues associated with Initial Public Offerings.

With the second wave of COVID-19 hitting India, COVID vaccination will play a dominant role in countering the health and economic impact of COVID-19. This is precisely why this newsletter has a special focus on the vaccination landscape. With the country launching the largest COVID-19 vaccination drive in the world, many Indian corporates are gearing up to devise a vaccination strategy that encompasses budgeting, procurement, administration and facilitation seamlessly while at the same time limiting their liability in case of adverse events. The article assesses the various aspects of this vaccine drive and tries to throw light on how the situation may pan out in the near future with more participation of the private sector. 

With the stock market continuing to surge during the last year, the IPO pipeline in India is red hot. Many firms are looking at foreign listings as well, maybe through the SPAC route. But IPO process adds significant exposure to the personal assets of a company’s directors and officers and draws increased scrutiny from regulators, the plaintiff's attorneys and the public. A comprehensive insurance program is a critical step to effectively manage this risk before and after the offering. The article talks about various risk and insurance solutions which corporates should consider before tapping the stock market. 

This edition of the newsletter also includes the latest trend of the Global Insurance Market Index (GIMI). As per the latest edition, Asia’s commercial insurance pricing rose by 11% year-on-year in the fourth quarter of 2020, while at the same time, the global commercial insurance prices rose by 22%. 

The current edition of News & Views will also include our usual news and media segments, as well as the initiatives and innovations, are done by Marsh India to support our clients in these uncertain times. 

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.

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.