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Sitharaman to address global reinsurance meet in Mumbai on Thursday, to promote India as a global reinsurance hub

Sitharaman to address global reinsurance meet in Mumbai on Thursday, to promote India as a global reinsurance hub

by AIP Online Bureau | Nov 27, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance

The power packed event will be addressed by Vivek Joshi, secretary, Department of Financial Services, Debasish Panda, chairman, IRDAI, K. Rajaraman, chairperson, IFSCA, Hasmukh Adhia, chairman, GIFT City, Siddhartha Mohanty, chairman, Life Insurance Corporation New...
Spiraling climate costs make insurance unaffordable for some Australians

Spiraling climate costs make insurance unaffordable for some Australians

by AIP Online Bureau | Nov 27, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Over a million households now face home insurance affordability stress, As a growing number of people dump or scale back their insurance, a “protection gap” is emerging, said Andrew Hall, head of the Insurance Council of Australia Increasing numbers of Australians are...

High-dose Covid treatment less effective in India than Europe: Lancet study

by AIP Online Bureau | Nov 27, 2023 | Facts, Health, Pandemic

”Our analysis suggests higher dose dexamethasone may have less beneficial effects for patients in India as compared with those in Europe; however, the evidence is weak, and this could represent a chance finding,” the authors of the study noted A higher...
LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

by AIP Online Bureau | Nov 27, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy

”We have made it clear that IDBI Bank is our number one partner in bancassurance. We will retain the some stake in IDBI Bank so that the bancassurance partnership continues,” LIC Chairman Siddhartha Mohanty said Mumbai: State-owned LIC, promoter of IDBI...
S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum

S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum

by AIP Online Bureau | Nov 27, 2023 | Eco/Invest/Demography, Indian News, Policy

The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth New Delhi: S&P...
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