INSURANCE OF MEGA RISKS
JAGENDRA RANA
Mrt. 2023 · Blue Rose Publishers
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290
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India’s Insurance industry is one of the premium sectors experiencing upward growth. This upward growth of the insurance industry can be attributed to growing incomes and increasing awareness in the industry. An Insurance programme for large industrial establishments, substantial risks like Petrochemicals, Power, Energy, Steel and Oil & Gas Industry requires a specialized and customized Insurance policy. Large size privately funded projects in the infrastructure sector demand evolving new approaches in introducing insurance products for Mega project risks to suit their and the project financiers' specific insurance needs. Mega Risk policies are mainly reinsurance-driven and provide unique customization of risks to cover all the risks under single Insurance comprehensively.
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Jagendra Rana graduated in LL.B from University Studies in Law, University of Rajasthan, Jaipur in 1980 with a Fellowship from Insurance Institute of India Mumbai in 1992. Jagendra Rana is an insurance veteran with a versatile experience of General and Life Insurance. He has been a CEO of a Broking firm and Corporate Head of training in a General Insurance Co. He carries with him over 40 years of experience in the Insurance Industry at various top positions. He was conferred with the S.K. Desai Memorial Award for his Research Papers two times by III Mumbai in 2011 & 2019.. He was also a resource person in the International Seminar on Insurance Frauds conducted by Osmania University, Hyderabad.
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