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Description of the blog


Ananda Ray
Ananda Ray
Ananda Ray's Blog

credit insurance one policy multiple benefits
Insurance lends positivity & offers artillery for growth to business and the society. And, no product in the insurance marketplace epitomizes this statement more than Trade Credit Insurance or Credit Insurance as it is popularly called. Credit Insurance finds its roots in the early 20th century in Western Europe between the two world wars. And since then it has evolved not only as an Insurance product, but also as a brilliant business tool which is being used by exporters and other businesses to their advantage to foster business expansion and growth, by transferring uncertainties of credit default to an insurance mediums. According to recent research results, more than ...

Tightening The Risk Management On Buildings
In the recent past, we have witnessed quite a few incidents of large fires in buildings across the UAE. As a result, the insurers and the re-insurers have tightened their underwriting by  Increasing property insurance premium rates and imposing restrictive conditions in the insurance policies. The focus has shifted to proper risk management with respect to identifiable hazards in building construction and housekeeping. One of the major fire hazards that have been identified is the external panels (ACP Panels) of buildings containing combustible materials. This is commonly referred to as “Cladding”. The panels commonly contain a polyethylene core as the insulation material. These panels can easily ignite and the fire can ...

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