KNOWLEDGE
Insurance Market Institutions and Reference Wordings
Insurance is built on precise terms, evolving practices, and continuous learning. This section brings together knowledge and insights that shape the industry—ranging from policy wordings and insurance concepts to the latest industry developments.
Drawing on credible sources such as Lloyd’s Dictionary, the London market, and leading insurance publications, our aim is to simplify complex information and make it accessible.
Whether you are a policyholder, student, or industry professional, this knowledge hub will help you understand not only the language of insurance but also the trends and issues shaping its future.
Lloyd's Dictionary
An official glossary of terms maintained by Lloyd’s of London, offering standardized definitions for various insurance terms. This ensures consistency and global understanding, especially in specialty risk markets.
For more on this
www.lloyds.com/help/glossary-and-acronyms
London Market
Refers to the standardized language and clause libraries used within the London insurance market, including policy wordings, endorsements, and regulatory terms. These are widely adopted in complex and international insurance operations.
For more on this
www.thelondoninsurancemarket.com/how-london-works/glossary/
National Underwriter (U.S.)
A trusted U.S.-based resource providing terminology, definitions, and industry insights for insurance professionals. This is often used as a reference for American underwriting practices, coverage types, and policy information.
For more on this
www.content.naic.org/glossary-insurance-termsCustom Reports
These are original reports created by the Vima Vidya team to serve the needs of Indian insurance
consumers. They analyze needs, behaviors, and educational gaps in risk awareness, offering tailored
insights for different user groups—such as students, working professionals, and job seekers.
Explore Custom Reports
Syndicated Reports
Industry-leading publications and research reports from global insurance authorities.
Sigma Reports (Swiss Re)
Published by Swiss Re Institute, Sigma Reports are globally respected publications covering insurance markets, reinsurance economics, risk emerging trends, historical performance, and forward-looking forecasts.
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Risk Reports
These include strategic publications from top think tanks and research bodies (e.g., Lloyd’s or World Economic Forum). They assess current and predicted disruptions—ranging from climate change to cyber threats—and offer implications for individuals, businesses, and governments.
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Yearbook (GI Council Yearbook)
An annual publication by the General Insurance Council (GIC) of India. The Yearbook provides statistics on policy volumes, regulatory updates, industry performance metrics, and state-wise penetration rates, based on submissions from licensed insurers.
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