3 Review(s)

In today’s rapidly evolving financial landscape, the Indian insurance industry faces unprecedented challenges — from market volatility and technological disruption to climate change, cyber threats, and shifting customer expectations. Risks within the Insurance Sector in India: Navigating Challenges, Building Resilience, and Ensuring Trust by Dr Sonjai Kumar offers a powerful and timely exploration of how insurers can confront these complex risks with insight, innovation, and integrity. Drawing on decades of professional and academic experience, Dr Kumar examines the full spectrum of risks impacting the industry — including investment and interest rate fluctuations, operational inefficiencies, competition, mis-selling, fraud, regulatory changes, and reputational vulnerabilities. The book highlights how insurers can transform these challenges into opportunities for growth through strong governance, ethical practices, and digital adaptation. Written in a clear, engaging, and thought-provoking style, this book bridges the gap between theory and practice, offering practical strategies for executives, risk managers, regulators, and students alike. It emphasises that trust, resilience, and strategic foresight are not just principles of sound insurance management — they are the very foundations of a sustainable and customer-centric future. A must-read for anyone committed to strengthening the future of India’s insurance industry.