by AIP Online Bureau | Apr 18, 2023 | Indian News, Non-Life, Reinsurance
Gopal Balachandran,chief financial officer and chief risk officer The key profitability metric, the combined ratio of the company stood at 104.5 in FY23 against 108.8 per cent in FY22. In the March quarter, it was 104.2 against 103.2 a year ago The insurer’s...
by AIP Online Bureau | Apr 18, 2023 | Health, Indian News, Life, Non-Life
Debasish Panda,Chairman, IRDAI ” Insurers need to further to further collaborate with insurtechs more. I would also expect insurers to engage with the Insurance Information Bureau (IIB) more closely to make it a more vibrant body where they actually become the data...
General insurers to take action against errant hospitals, to set up Health Exchange Platform for 100 % cashless settlement of policies
by AIP Online Bureau | Apr 18, 2023 | Health, Indian News, Non-Life
S Prakash, managing director, Star Health and Allied Insurance Company “We would indentify honest hospitals and reward them. We will also penalise hospitals for fraud, overcharging and deficiency in services . Insurance Information Bureau (IIB) is working on a a...
by AIP Online Bureau | Apr 11, 2023 | Eco/Invest/Demography, Indian News
Skymet, a weather forecasting and agriculture risk solution company, expects the upcoming monsoon to be ‘below normal’ to the tune of 94% ( with an error margin of +/-5%) of the long period average (LPA) of 868.6mm for the 4- month long period from June to...
by AIP Online Bureau | Apr 11, 2023 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Technology
“In the electric two-wheeler segment, the industry sold 7,26,976 high-speed E2W (top speed more than 25km/hr) in FY 2023,” it added. In 2021-22, sales of low-speed e-scooters were at 75,457 units, while those of high-speed e-scooters were at 2,52,443...
